Core consumer prices in South Korea increased 0.90 percent in September of 2020 over the same month in the previous year. source: Statistics Korea

Core Inflation Rate in South Korea averaged 5.39 percent from 1976 until 2020, 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. 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 - values, historical data and charts - was last updated on December of 2020.

Core Inflation Rate in South Korea is expected to be 0.80 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 1.10 in 12 months time. In the long-term, the South Korea Core Inflation Rate is projected to trend around 1.40 percent in 2021 and 1.60 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Korea Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.80 30.50 -0.40 1976 - 2020 percent Monthly
2015=100, NSA

South Korea Prices Last Previous Highest Lowest Unit
Inflation Rate 0.60 0.10 32.50 -0.40 percent [+]
Inflation Rate Mom -0.10 -0.60 5.29 -2.52 percent [+]
Consumer Price Index CPI 105.61 106.20 106.20 2.63 points [+]
Core Consumer Prices 105.69 106.18 106.18 9.61 points [+]
Core Inflation Rate 0.90 0.80 30.50 -0.40 percent [+]
GDP Deflator 105.26 103.39 106.91 0.74 points [+]
Producer Prices 102.92 103.42 107.95 5.03 points [+]
Producer Prices Change -0.60 -0.40 47.40 -4.70 percent [+]
Export Prices 92.51 94.99 202.14 17.87 points [+]
Import Prices 95.63 98.23 145.47 5.99 points [+]
Food Inflation 8.30 6.60 6434.02 -4.50 percent [+]
Inflation Expectations 1.80 1.80 4.60 1.60 percent [+]
Cpi Housing Utilities 103.54 103.23 104.11 31.61 points [+]
CPI Transportation 99.04 99.38 112.54 27.63 points [+]


South Korea Core Inflation Rate
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.