South Korea inflation rate YoYSouth Korea inflation rate YoYSouth Korea inflation rate YoY

South Korea inflation rate YoY

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Key data points


Last release
Observation period
Sep 2024
Next release
Forecast
Highest
32.50% on Oct 31, 1980
Lowest
−0.40% on Sep 30, 2019

About South Korea inflation rate YoY


Category
Prices
Frequency
Monthly
Units
%
In South Korea, the most important categories in the Consumer Price Index are: Housing, Water, Electricity, Gas & Other Fuels (17% of the total weight) and Food & Non-alcoholic Beverages (15%). The index also includes: Restaurants & Hotels (13%), Alcoholic Beverages & Tobacco (10%), Education (11%), Health (9%), and Recreation & Culture (6%). The components with the least weights are Miscellaneous Goods & Services at 5.42%, Furnishings, Household Equipment & Routine Maintenance at 5.39%, and Clothing & Footwear at 4.86%.

Frequently Asked Questions


The highest figure South Korea inflation rate YoY has ever reached is 32.50%.
The lowest ever South Korea inflation rate YoY is −0.40%.
Last month South Korea inflation rate YoY was 1.60%, and the month before that it amounted to 2.00%.