The transportation sub-index of the CPI basket in South Korea decreased to 102.58 Index Points in July of 2019 from 103.31 Index Points in June of 2019. CPI Transportation in South Korea averaged 71.27 Index Points from 1985 until 2019, reaching an all time high of 112.54 Index Points in April of 2012 and a record low of 27.63 Index Points in February of 1985.
CPI Transportation in South Korea is expected to be 106.35 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in South Korea to stand at 104.65 in 12 months time. In the long-term, the South Korea CPI Transportation is projected to trend around 106.49 Index Points in 2020, according to our econometric models.