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South Korea Inflation Data: Rate, CPI, Food, Harmonised

South Korea Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 113 index points Sep/23
Food Inflation 5.12 % Sep/23
Inflation Rate YoY 3.7 % Sep/23
Inflation Rate Mom 0.6 % Sep/23
Core Consumer Prices 111 Index Points Sep/23
Core Inflation Rate 3.82 % Sep/23
CPI Housing Utilities 113 Index Points Sep/23
CPI Transportation 116 Index Points Sep/23
Inflation Expectations 3.3 % Sep/23


Latest data on Consumer Price Index (CPI) (index points)

Consumer Price Index (CPI)
                     South Korea - Historical Data (index points)

What is CPI Index in South Korea?

  • Consumer Price Index in South Korea increased to 113 index points in September 2023. The maximum level was 107 index points and minimum was 2.63 index points.
  • Data published Monthly by Statistics.

Historical Data (index points) by years

Data
Period
Date
113 Sep/23 04.10.2023
112 Aug/23 07.09.2023
111 Jul/23 02.08.2023
111 Jun/23 04.07.2023
111 May/23 01.06.2023
111 Apr/23 02.05.2023
111 Mar/23 04.04.2023
110 Feb/23 06.03.2023


Historical Chart by presidents (index points)

Consumer Price Index (CPI) in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 102.8000 104.3800 104.3800 102.6700 1.54%
Park Geun-hye 25.02.2013 - 10.05.2017 98.0800 102.6600 102.7900 97.7300 4.67%
Lee Myung-bak 25.02.2008 - 25.02.2013 84.0900 97.7500 97.7500 84.0900 16.24%
Roh Moo-hyun 25.02.2003 - 25.02.2008 72.9600 83.7800 83.7800 72.9600 14.83%
Kim Dae-jung 25.02.1998 - 25.02.2003 64.7800 72.5600 72.5600 64.2900 12.01%
Kim Youngs-am 25.02.1993 - 25.02.1998 48.2300 63.6900 63.6900 48.2300 32.05%
Roh Tae-woo 25.02.1988 - 25.02.1993 34.5800 47.9100 47.9100 34.5800 38.55%


Latest data on Food Inflation (%)

Food Inflation
                     South Korea - Historical Data (%)

What is Food Inflation in South Korea?

  • Food Inflation in South Korea increased by 5.12 % in September 2023 over the same month in the previous year. The maximum level was 6434 % and minimum was -4.5 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
5.12 Sep/23 07.10.2023
4.92 Aug/23 07.09.2023
3.39 Jul/23 05.08.2023
4.16 Jun/23 14.07.2023
3.87 May/23 02.06.2023
5 Apr/23 06.05.2023
6.36 Mar/23 07.04.2023
5.8 Feb/23 11.03.2023


Historical Chart by YoY presidents (%)

Food Inflation in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 3.4000 2.5000 7.4000 -0.3000 -26.47%
Park Geun-hye 25.02.2013 - 10.05.2017 3.2500 2.6000 5.6000 -1.8100 -20.00%
Lee Myung-bak 25.02.2008 - 25.02.2013 1.6500 2.3500 12.8800 0.4300 42.42%
Roh Moo-hyun 25.02.2003 - 25.02.2008 3.0800 3.0700 13.3500 -1.1800 -0.32%
Kim Dae-jung 25.02.1998 - 25.02.2003 9.7300 4.9300 11.8700 -1.7700 -49.33%
Kim Youngs-am 25.02.1993 - 25.02.1998 0.4300 8.6700 13.4700 -0.5500 1916.28%
Roh Tae-woo 25.02.1988 - 25.02.1993 15.2500 1.0400 15.6200 0.4400 -93.18%


Latest data on Inflation Rate YoY (%)

Inflation Rate YoY
                     South Korea - Historical Data (%)

What is Inflation Rate in South Korea?

  • Inflation Rate in South Korea increased by 3.7 % in September 2023 over the same month in the previous year. The maximum level was 32.5 % and minimum was -0.4 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
3.7 Sep/23 04.10.2023
3.4 Aug/23 07.09.2023
2.3 Jul/23 02.08.2023
2.7 Jun/23 04.07.2023
3.3 May/23 02.06.2023
3.7 Apr/23 02.05.2023
4.2 Mar/23 04.04.2023
4.8 Feb/23 06.03.2023


Historical Chart by YoY presidents (%)

Inflation Rate YoY in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 2.0000 1.5000 2.6000 1.5000 -25.00%
Park Geun-hye 25.02.2013 - 10.05.2017 1.6000 1.9000 2.2000 0.4000 18.75%
Lee Myung-bak 25.02.2008 - 25.02.2013 3.6000 1.6000 5.9000 1.3000 -55.56%
Roh Moo-hyun 25.02.2003 - 25.02.2008 3.9000 3.9000 4.8000 1.7000 0.00%
Kim Dae-jung 25.02.1998 - 25.02.2003 9.5000 3.8000 9.5000 0.2000 -60.00%
Kim Youngs-am 25.02.1993 - 25.02.1998 4.6000 8.3000 8.3000 3.4000 80.43%
Roh Tae-woo 25.02.1988 - 25.02.1993 7.8000 4.5000 10.1000 4.4000 -42.31%


Latest data on Inflation Rate Mom (%)

Inflation Rate Mom
                     South Korea - Historical Data (%)

What is inflation rate in South Korea 2024?

  • Inflation Rate in South Korea increased by 0.6 % in September 2023 over the previous month. The maximum level was 5.29 % and minimum was -2.52 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
0.6 Sep/23 04.10.2023
1 Aug/23 07.09.2023
0.1 Jul/23 02.08.2023
0 Jun/23 04.07.2023
0.3 May/23 01.06.2023
0.2 Apr/23 02.05.2023
0.2 Mar/23 04.04.2023
0.3 Feb/23 06.03.2023


Historical Chart by MoM presidents (%)

Inflation Rate Mom in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 0.1000 0.1000 0.1000 0.1000 0.00%


Latest data on Core Consumer Prices (Index Points)

Core Consumer Prices
                     South Korea - Historical Data (Index Points)

What is Core CPI in South Korea?

  • Core Consumer Prices in South Korea remained unchanged at 111 Index Points in September 2023. The maximum level was 108 Index Points and minimum was 9.61 Index Points.
  • Data published Monthly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
111 Sep/23 07.10.2023
111 Aug/23 09.09.2023
110 Jul/23 05.08.2023
111 Jun/23 14.07.2023
110 May/23 02.06.2023
110 Apr/23 06.05.2023
109 Mar/23 08.04.2023
109 Feb/23 11.03.2023


Historical Chart by presidents (Index Points)

Core Consumer Prices in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Core Inflation Rate (%)

Core Inflation Rate
                     South Korea - Historical Data (%)

What is South Korea Core Inflation Rate?

  • Core Inflation Rate in South Korea increased by 3.82 % in September 2023. The maximum level was 30.5 % and minimum was -0.4 %.
  • Data published Monthly by Statistics.

Historical Data (%) by years

Data
Period
Date
3.82 Sep/23 07.10.2023
3.89 Aug/23 09.09.2023
3.88 Jul/23 05.08.2023
4.11 Jun/23 14.07.2023
4.32 May/23 02.06.2023
4.61 Apr/23 06.05.2023
4.81 Mar/23 08.04.2023
4.81 Feb/23 11.03.2023


Historical Chart by YoY presidents (%)

Core Inflation Rate in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on CPI Housing Utilities (Index Points)

CPI Housing Utilities
                     South Korea - Historical Data (Index Points)

What is South Korea CPI Index for Housing Utilities?

  • CPI Housing Utilities in South Korea increased to 113 Index Points in September 2023. The maximum level was 105 Index Points and minimum was 31.61 Index Points.
  • Data published Monthly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
113 Sep/23 07.10.2023
112 Aug/23 07.09.2023
112 Jul/23 05.08.2023
113 Jun/23 14.07.2023
113 May/23 02.06.2023
112 Apr/23 06.05.2023
112 Mar/23 08.04.2023
113 Feb/23 11.03.2023


Historical Chart by presidents (Index Points)

CPI Housing Utilities in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on CPI Transportation (Index Points)

CPI Transportation
                     South Korea - Historical Data (Index Points)

What is South Korea CPI Index for Transportation?

  • CPI Transportation in South Korea increased to 116 Index Points in September 2023. The maximum level was 113 Index Points and minimum was 27.63 Index Points.
  • Data published Monthly by Statistics.

Historical Data (Index Points) by years

Data
Period
Date
116 Sep/23 07.10.2023
114 Aug/23 09.09.2023
110 Jul/23 05.08.2023
110 Jun/23 14.07.2023
112 May/23 02.06.2023
112 Apr/23 06.05.2023
111 Mar/23 08.04.2023
111 Feb/23 11.03.2023


Historical Chart by presidents (Index Points)

CPI Transportation in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Inflation Expectations (%)

Inflation Expectations
                     South Korea - Historical Data (%)

What is South Korea Inflation Expectations in 2024?

  • Inflation Expectations in South Korea increased by 3.3 % in September 2023. The maximum level was 4.6 % and minimum was 1.6 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
3.3 Sep/23 26.09.2023
3.3 Aug/23 26.08.2023
3.3 Jul/23 26.07.2023
3.5 Jun/23 14.07.2023
3.5 May/23 27.05.2023
3.7 Apr/23 29.04.2023
3.9 Mar/23 29.03.2023
4 Feb/23 25.02.2023


Historical Chart by presidents (%)

Inflation Expectations in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other inflation indicators in South Korea

Index Updated Actual Previous
Gasoline Prices Sep/23 1.32 USD/Liter 1.32
GDP Deflator 2Q/23 111 in. pt. 111
Producer Prices Aug/23 121 in. pt. 120

Inflation Rate YoY in other countries

Country Updated Actual Previous
Bangladesh Sep/23 9.63 % 9.92
Jordan Aug/23 0.88 % 0.92
Kyrgyzstan Aug/23 9.5 % 10.3
Mongolia Aug/23 10 % 9.2
Nepal Aug/23 7.52 % 7.44
Palestine Aug/23 4.9 % 3.63
Tajikistan Aug/23 4.2 % 2.3
Cambodia -5.69 2.7 % 2.7
China Aug/23 0.1 % -0.3
Georgia Sep/23 0.7 % 0.9
India Aug/23 6.83 % 7.44
Israel Aug/23 4.1 % 3.3
Pakistan Sep/23 31.4 % 27.38
South Korea Sep/23 3.7 % 3.4
Taiwan Sep/23 2.93 % 2.53
Vietnam Sep/23 3.66 % 2.96
Maldives Aug/23 2.4 % 2.38
Armenia Sep/23 0.1 % -0.17
Hong Kong Aug/23 1.8 % 1.8
Indonesia Sep/23 2.28 % 3.27
Japan Aug/23 3.2 % 3.3
Kazakhstan Sep/23 11.8 % 13.1
Lebanon Aug/23 230 % 252
Macau Aug/23 0.99 % 0.78
Malaysia Aug/23 2 % 2
Philippines Sep/23 6.1 % 5.3
Qatar Aug/23 2.38 % 3.11
Singapore Aug/23 4 % 4.1
Sri Lanka Sep/23 1.3 % 4
Thailand Sep/23 0.3 % 0.88
Oman Aug/23 0.8 % 0.4
Iran Sep/23 39.5 % 39.8
Laos Sep/23 25.69 % 25.88
Azerbaijan Sep/23 10.9 % 11.7
Kuwait Aug/23 3.8 % 3.8
Saudi Arabia Aug/23 2 % 2.3
Bahrain Aug/23 0 % -0.1
North Korea Jul/13 55 % 70
United Arab Emirates Aug/23 2.28 % 1.02
Yemen Jun/17 0.77 % 0.45
Turkmenistan 2023 6.72 % 11.48
Uzbekistan 2023 9.2 % 8.96
Iraq Jul/23 3.48 % 3.41
Syria Aug/20 139 % 134
Afghanistan Jun/23 -6.5 % -2.8
Bhutan Aug/23 4.75 % 4
Brunei Jun/23 0.2 % 0.8
Mauritius Sep/23 5.2 % 5.9