The Consumer Price Index in South Korea increased 0.60 percent in August of 2020 over the previous month. source: Statistics Korea

Inflation Rate Mom in South Korea averaged 0.56 percent from 1965 until 2020, reaching an all time high of 5.29 percent in February of 1974 and a record low of -2.52 percent in November of 1966. This page provides the latest reported value for - South Korea Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Inflation Rate Mom in South Korea is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in South Korea to stand at 0.20 in 12 months time. In the long-term, the South Korea Inflation Rate MoM is projected to trend around 0.20 percent in 2021, according to our econometric models.

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South Korea Inflation Rate MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.00 5.29 -2.52 1965 - 2020 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-01 11:00 PM Jun 0.2% -0.2% 0.05% 0%
2020-08-03 11:00 PM Jul 0% 0.2% 0.1% 0.2%
2020-09-01 11:00 PM Aug 0.6% 0% 0.2% 0.2%
2020-10-05 11:00 PM Sep 0.7% 0.6% 0.4% 0.4%
2020-11-02 11:00 PM Oct 0.7% 0.05% 0.3%
2020-12-01 11:00 PM Nov 0.2%
2020-12-30 11:00 PM Dec 0.2%

South Korea Prices Last Previous Highest Lowest Unit
Inflation Rate 1.00 0.70 32.50 -0.40 percent [+]
Inflation Rate Mom 0.70 0.00 5.29 -2.52 percent [+]
Consumer Price Index CPI 106.20 105.50 106.20 2.63 points [+]
Core Consumer Prices 106.18 106.08 106.18 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 103.35 103.22 107.95 5.03 points [+]
Producer Prices Change -0.40 -0.50 47.40 -4.70 percent [+]
Export Prices 94.70 95.03 202.14 17.87 points [+]
Import Prices 98.04 99.34 145.47 5.99 points [+]
Food Inflation 8.30 6.60 6434.02 -4.50 percent [+]
Inflation Expectations 1.80 1.90 4.60 1.60 percent [+]
Cpi Housing Utilities 103.23 101.53 104.11 31.61 points [+]
CPI Transportation 99.38 99.84 112.54 27.63 points [+]


South Korea Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.