South Korea Core Inflation Rate

Core consumer prices in South Korea increased 1 percent in July of 2019 over the same month in the previous year. Core Inflation Rate in South Korea averaged 5.52 percent from 1976 until 2019, reaching an all time high of 30.50 percent in December of 1980 and a record low of -0.40 percent in May of 1999.

Core Inflation Rate in South Korea is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in South Korea to stand at 1.40 in 12 months time. In the long-term, the South Korea Core Inflation Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.

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South Korea Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	0.60	0.70	32.50	0.20	percent	[+]
Inflation Rate Mom	-0.30	0.20	5.29	-2.52	percent	[+]
Consumer Price Index CPI	104.56	104.88	105.65	2.63	Index Points	[+]
Core Consumer Prices	105.14	105.31	105.37	9.61	Index Points	[+]
Core Inflation Rate	1.00	0.90	30.50	-0.40	percent	[+]
GDP Deflator	104.34	102.67	106.94	0.79	Index Points	[+]
Producer Prices	103.49	103.79	107.95	5.03	Index Points	[+]
Producer Prices Change	0.10	0.40	47.40	-4.70	percent	[+]
Export Prices	100.56	100.79	202.14	17.87	Index Points	[+]
Import Prices	110.00	109.36	145.47	5.99	Index Points	[+]
Food Inflation	0.80	2.00	6434.02	-4.50	percent	[+]
Inflation Expectations	2.10	2.10	4.60	2.10	percent	[+]
Cpi Housing Utilities	101.46	102.90	103.15	31.61	Index Points	[+]
CPI Transportation	102.58	103.31	112.54	27.63	Index Points	[+]

In South Korea, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - South Korea Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Core Inflation Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.00	0.90	30.50	-0.40	1976 - 2019	percent	Monthly	2015=100, NSA

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Country	Last		Previous	Range
Argentina	55.10	Jul/19	56.7	58.8 : 21.12	%
Turkey	16.20	Jul/19	14.86	24.34 : 2.5	%
Russia	4.50	Jul/19	4.6	17.5 : 1.8	%
South Africa	4.30	Jun/19	4.1	8.3 : 2.9	%
Mexico	3.82	Jul/19	3.85	177 : 2.3	%
Brazil	3.27	Jul/19	3.55	9.45 : 2.69	%
Indonesia	3.18	Jul/19	3.25	8.29 : 2.58	%
United States	2.20	Jul/19	2.1	13.6 : 0	%
Canada	2.00	Jun/19	2.1	5.4 : 0	%
Netherlands	1.90	Jul/19	1.9	3.9 : 0.1	%
United Kingdom	1.90	Jul/19	1.8	3.7 : -0.1	%
Australia	1.60	Jun/19	1.6	10.7 : 1.6	%
China	1.60	Jul/19	1.6	2.5 : -1.6	%
Germany	1.60	Jul/19	1.6	6.29 : 0.19	%
Singapore	1.20	Jun/19	1.3	3.5 : -1.4	%
South Korea	1.00	Jul/19	0.9	30.5 : -0.4	%
Euro Area	0.90	Jul/19	1.1	2.6 : 0.6	%
France	0.90	Jul/19	0.9	4 : -0.2	%
Spain	0.90	Jul/19	0.9	27.1 : -0.1	%
Japan	0.60	Jun/19	0.8	24.7 : -2.4	%
Italy	0.50	Jul/19	0.4	3.06 : 0.2	%
Switzerland	0.40	Jul/19	0.7	1.9 : -1.2	%