Core consumer prices in South Korea increased 4.83 percent in November of 2022 over the same month in the previous year. source: Statistics Korea

Core Inflation Rate in South Korea averaged 5.26 percent from 1976 until 2022, reaching an all time high of 30.50 percent in December of 1980 and a record low of -0.30 percent in April 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 2022.

Core Inflation Rate in South Korea is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Core Inflation Rate is projected to trend around 1.60 percent in 2023, according to our econometric models.

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South Korea Core Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 5.00 5.70 percent Nov 2022
Inflation Rate MoM -0.10 0.30 percent Nov 2022
Consumer Price Index CPI 109.10 109.21 points Nov 2022
Core Inflation Rate 4.83 4.77 percent Nov 2022
Core Consumer Prices 107.78 107.47 points Nov 2022
Food Inflation 4.81 7.54 percent Nov 2022
CPI Transportation 115.44 115.18 points Nov 2022
CPI Housing Utilities 110.65 110.71 points Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
4.83 4.77 30.50 -0.30 1976 - 2022 percent Monthly
2015=100, NSA