Recent Releases

South Korea Inflation Jumps to 1-Year High
South Korea's annual inflation accelerated to 1.9 percent in September of 2018 from 1.4 percent in the previous month and well above market expectations of 1.55 percent. It was the highest inflation in a year, mainly nudged by agricultural products (+7.9 percent), particularly vegetables (+14.5 percent) due to heavy rain. Also, electricity prices rose 20.2 percent.
Published on 2018-10-05

South Korea Inflation Rate at 5-Month Low of 1.4%
South Korea's annual inflation eased to 1.4 percent in August of 2018 from 1.5 percent in the previous three months but slightly above market expectations of 1.3 percent. It was the lowest inflation rate since March, as cost of transport rose at a softer pace while cost of housing & utilities fell.
Published on 2018-09-04

South Korea July Inflation Rate Steady at 1.5% for 3rd Month
South Korea's consumer price inflation stood at 1.5 percent year-on-year in July of 2018, the same as in the previous two months and below market expectations of 1.7 percent. Food inflation slowed to a four-month low while cost rose at a faster pace for housing & utilities and transport.
Published on 2018-08-01

South Korea June Inflation Rate Steady at 1.5%
South Korea's consumer price inflation stood at 1.5 percent year-on-year in June of 2018, unchanged from the previous month and below market expectations of 1.7 percent. A sharp slowdown in food inflation offset a faster increase in transport prices.
Published on 2018-07-03

South Korea Inflation Rate Slows to 1.5% in May
Consumer prices in South Korea increased by 1.5 percent year-on-year in May of 2018, following a 1.6 percent rise in the previous month. Figure came slightly below market consensus of 1.6 percent, mainly due to a slowdown in cost of housing & utilities and food & non-alcoholic beverages.
Published on 2018-06-01

South Korea Inflation Rate Rises As Expected
Consumer prices in South Korea increased by 1.6 percent year-on-year in April of 2018, following a 1.3 percent rise in the previous month and matching market expectations.
Published on 2018-05-02

South Korea Inflation Rate Rises Less than Estimated
Consumer prices in South Korea rose by 1.3 percent year-on-year in March of 2018, after 1.4 percent in the previous month. Figures came below market consensus of 1.6 percent, mainly due to a slowdown in cost of housing & utilities, food & non-alcoholic beverages and transport.
Published on 2018-04-03

South Korea Inflation Rate Rises More than Estimated
Consumer prices in South Korea rose by 1.4 percent year-on-year in February 2018, after a 1.0 percent rise in the previous month. Figures came above market consensus of 1.2 percent, mainly due to a surge in cost of food & non-alcoholic beverages.
Published on 2018-03-06

South Korea Inflation Eases to Lowest Since 2016
Consumer prices in South Korea increased by 1.0 percent year-on-year in January 2018, following a 1.5 percent rise in the previous month and compared to market expectations of 1.3 percent. It is the lowest inflation rate since August of 2016 as food cost declined for the first time in 2-1/2-years. Figures came well below the Bank of Korea's target of 2 percent.
Published on 2018-02-01

South Korea Inflation Rate Climbs to 1.5%
Consumer prices in South Korea increased by 1.5 percent year-on-year in December 2017, following a 1.3 percent rise in the previous month and matching market expectations. The Bank of Korea's inflation target is currently 2 percent.
Published on 2017-12-29

South Korea Inflation Rate Falls to 11-Month Low
Consumer prices in South Korea increased 1.3 percent year-on-year in November of 2017, easing from a rise of 1.8 percent in October and below market expectations also of 1.8 percent. It was the lowest inflation rate since December of 2016 amid lower prices of utilities and foods.
Published on 2017-12-01

South Korea Inflation Rate Down to 10-Month Low of 1.8%
Consumer prices in South Korea increased 1.8 percent year-on-year in October of 2017, easing from a 2.1 percent rise in September and below market expectations of 1.9 percent. It is the lowest inflation rate so far this year amid a slowdown in prices of housing, utilities and food after cost of agricultural and meat products have begun to stabilize after a summer drought.
Published on 2017-11-01

South Korea Inflation Rate Eases to 2.1% in September
South Korea's consumer prices increased by 2.1 percent year-on-year in September 2017, easing from a 2.6 percent gain in the previous month and missing market expectations of 2.2 percent. Prices rose at a softer pace for food, furnishings, and accommodation.
Published on 2017-10-01

South Korea Inflation Rate at 5-1/2-Year High Of 2.6% in August
South Korea’s inflation rate jumped to 2.6 percent in August of 2017 from 2.2 percent in the previous month, well above market expectations of 2.2 percent. It was the second time in five months that the inflation rate stands above the central bank's target of 2.0 percent. The fresh food index increased a sharp 18.3 percent after rising 12.3 percent in July, mostly affected by a rise in seafood prices. On a monthly basis, consumer prices jumped 0.6 percent (vs 0.2 percent in July), also significantly surpassing consensus expectations of a 0.2 percent rise.
Published on 2017-08-31

South Korea Inflation Rate At 4-Month High Of 2.2% In July
South Korea’s inflation rate rose 2.2 percent from a year earlier in July of 2017, faster than a 1.9 percent rise in a month earlier and above market consensus of a 2.0 percent increase. It was the first time since March that the inflation rate stands above the central bank's target of 2.0 percent. Prices increased at a faster pace for food and non-alcoholic beverages and housing while cost of transport went up further.
Published on 2017-08-01

South Korea Inflation Rate Slows To 1.9% In June
South Korea’s inflation rate slowed down to 1.9 percent in June of 2017 from 2.0 percent in the previous month, slightly below market expectations of 2.0 percent. It was the third straight month that the inflation rate remained at the central bank's target of 2.0 percent. Prices increased at a slower pace for transport, furnishings and restaurants and hotels. On a monthly basis, consumer prices decreased by 0.1 percent (vs expectations of no change).
Published on 2017-07-04

South Korea Annual Inflation Remains At Target In May
South Korea’s inflation rate advanced to 2 percent in May of 2017 from 1.9 percent in the previous month, consistent with market expectations. It was the second straight month that the inflation rate remained at the central bank's target of 2.0 percent. The result was mainly explained by mild growth in prices of food & non-alcoholic beverages, clothing & footwear and furnishings, household equipment & routine maintenance. On a monthly basis, consumer prices increased by 0.1 percent.
Published on 2017-06-01

South Korea Annual Inflation Returns To Target
South Korea’s inflation rate slowed to 1.9 percent in April of 2017 from 2.2 percent in the previous month, slightly below expectations of 2.0 percent. The inflation rate returned to the central bank target of 2.0 percent after surpassing it in March for the second time in 4.5 years. The result was mainly explained by softer growth in prices of food & beverages and transport. On a monthly basis, consumer prices decreased by 0.1 percent.
Published on 2017-05-01

South Korea Annual Inflation At Near 5-Year High
South Korea inflation rate rose to 2.2 percent in March of 2017 from 1.9 percent in the previous month. It was the highest annual rate since June of 2012 and outpaced expectations at 2.0 percent. The inflation rate surpassed the central bank target of 2 percent for the second time in 4.5 years.
Published on 2017-04-04

South Korea Inflation Rate Slows To 1.9% In February 
Consumer prices in South Korea increased 1.9 percent year-on-year in February of 2017, following a 2 percent rise in the previous month and beating expectations of a 1.6 percent upswing. The inflation rate fell from the central bank target of 2 percent after hitting it in the previous month for the first time since it was introduced in 2016.
Published on 2017-03-03

South Korea Inflation Rate At Over 4-Year High Of 2%
Consumer prices in South Korea increased 2 percent year-on-year in January of 2017, following a 1.3 percent rise in the previous three months and beating market expectations of 1.5 percent. It is the highest inflation rate since October of 2012, mainly boosted by food and fuel cost. The inflation hit the central bank target of 2 percent for the first time since it was introduced in 2016.
Published on 2017-02-01

South Korea Inflation Rate Steady At 1.3% In December
South Korea's consumer prices increased by 1.3 percent year-on-year in December 2016, the same as in the previous two months and in line with market expectations. Cost of transport rebounded while prices of housing and utilities dropped. Also, cost of health and food rose at a slower pace. On a monthly basis, consumer prices edged up 0.1 percent, following a 0.1 percent drop in November and below consensus of 0.2 percent gain.
Published on 2016-12-29

South Korea Inflation Rate Steady At Highest Since February
South Korea's consumer prices increased by 1.3 percent year-on-year in November 2016, the same as in October but below market expectations of a 1.5 percent growth. The inflation rate remained the highest since February this year, as cost of housing and utilities rebounded and prices of health advanced further, while cost of food, and restaurants and hotels rose at a slower pace.
Published on 2016-11-30

South Korea Inflation Rate Up to 8-Month High
South Korea's consumer prices increased by 1.3 percent year-on-year in October 2016, following a 1.2 percent growth in September and above market expectations of a 1.2 percent gain. It was the highest inflation rate since February this year, as cost of education rose further while prices of housing and transporation fell at a slower pace. On a monthly basis, consumer prices rose 0.1 percent, easing from a 0.6 percent growth in September but staying above expectations of 0.1 percent drop.
Published on 2016-10-31

South Korea Inflation Rate at 7-Month High of 1.2% in September
Consumer prices in South Korea went up 1.2 percent year-on-year in September of 2016, compared to a 0.4 percent rise in August and above market expectations of a 0.8 percent increase. The inflation reached the highest level since February, led by a surge in food prices. On a monthly basis, prices jumped 0.6 percent.
Published on 2016-10-04

South Korea Inflation Rate at 16-Month Low of 0.4%
Consumer prices in South Korea went up 0.4 percent year-on-year in August of 2016, slowing from a 0.7 percent rise in July and below market expectations of a 0.8 percent increase. The inflation slowed for the second consecutive month, reaching the lowest since April of 2015, due to a temporary cut in electricity tariffs.
Published on 2016-09-01

South Korea Inflation Rate at 10-Month Low in July
Consumer prices in South Korea rose 0.7 percent year-on-year in July of 2016, following 0.8 percent growth in the previous month and below market expectations of 0.8 percent. It was the lowest reading since September of 2015, as prices of food and transport declined while cost of housing and utilities rose at a faster pace. Core inflation was recorded at 1.6 percent, down from 1.7 percent in the previous month. On a monthly basis, consumer prices edged up 0.1 percent after remaining unchanged in a month earlier.
Published on 2016-08-02

South Korea Inflation Rate Steady at 0.8% YoY in June
Consumer prices in South Korea rose 0.8 percent year-on-year in June of 2016, the same pace as in May and matching market expectations. While prices of food and transport declined, cost of housing and utilities were stable.
Published on 2016-07-01

South Korea Inflation Rate at 4-Month Low In May
Consumer prices in South Korea increased 0.8 percent year-on-year in May of 2016, compared to 1.0 rise in the previous month and below market expectations of 0.9 percent. It is the lowest reading since January, as prices of food rose at a slower pace while cost of housing and utilities edged up. Core inflation was recorded at 1.6 percent, down from 1.8 percent in the previous month. On a monthly basis, consumer prices were flat.
Published on 2016-06-01

South Korea Inflation Rate Steady at 1% in April
Consumer prices in South Korea rose 1.0 percent year-on-year in April of 2016, the same pace as in March and matching market expectations. Prices of food rose at a faster pace while cost of housing & utilities and transport fell further.
Published on 2016-05-03

South Korea Inflation Rate Eases in March
Consumer prices in South Korea rose 1.0 percent year-on-year in March of 2016, slowing from a 1.3 percent rise in the preceding month and below market expectations of 1.3 percent. Cost of housing & utilities and transport declined further while prices of food eased.
Published on 2016-04-01

South Korea Inflation Rate Above Estimates in February
Consumer prices in South Korea increased 1.3 percent year-on-year in February of 2016, following a 0.8 percent growth in the preceding month and well above expectations of 1.0 percent. Cost of food rose at a faster pace while housing & utilities and transport fell. Core inflation rate was recorded at 1.8 percent, up from 1.7 percent in January. On a monthly basis, prices grew 0.5 percent.
Published on 2016-03-02

South Korea Inflation Rate at 4-Month Low
Consumer prices in South Korea rose 0.8 percent year-on-year in January of 2016, following a 1.3 percent growth in the preceding month and below expectations. It was the lowest figure since September of 2015, as cost of food rose at a slower pace while housing & utilities and transport fell. Core inflation rate was recorded at 1.7 percent, the lowest since December of 2014. On a monthly basis, prices were flat.
Published on 2016-02-01

South Korea Inflation Rate at 16-Month High
Consumer prices in South Korea rose 1.30 percent year-on-year in December of 2015, following a 1.0 percent rise in the preceding month and above expectations. It is the highest figure since October 2014, as cost of housing & utilities and transport fell at a slower pace while prices of food and clothing & footwear rose further.
Published on 2015-12-31

South Korea Inflation Rate at 12-Month High
Consumer prices in South Korea went up 1 percent year-on-year in November of 2015, higher thanfollowing a 0.9 percent increase in the previous month and the highest since November last year. On a monthly basis, the inflation rate turned negative.
Published on 2015-11-30

South Korean Inflation Rate Up to 11-Month High in October
Consumer prices in South Korea increased by 0.9 percent year-on-year in October of 2015, following a 0.6 percent growth in the previous month and beating market expectations of 0.8 percent. It was the highest value since November last year, as prices of food and furnishings rose further while cost of housing and transportation fell at a slower pace.
Published on 2015-11-03

South Korea Inflation Rate Eases in September
South Korean annual inflation rate was at 0.6 percent in September of 2015, slowing from 0.7 percent in the previous month and below market consensus. A further decline in cost of transport and a significant slowdown in price of food and non-alcoholic beverages offset an increase in cost of clothing and a slower drop of cost of housing & utilities.
Published on 2015-10-02

South Korea Inflation Rate Steady in August
South Korean annual inflation rate was at 0.7 percent in August of 2015, the same pace as in the previous month and matching market consensus. A decline in cost of transport and housing & utilities and a slowdown in cost of food and non-alcoholic beverages offset an increase in cost of clothing, health and miscellaneous goods and services.
Published on 2015-09-01

South Korea Inflation Rate Steady in July
South Korean annual inflation rate was at 0.7 percent in July of 2015, the same pace as in the previous month and matching market consensus. A further decline in cost of housing and utilities and a slowdown in prices of food and non-alcoholic beverages offset an increase in cost of clothing and a slower drop in cost of transport.
Published on 2015-08-04

South Korea Inflation Rate at 5-Month High
South Korean annual inflation rate was at 0.7 percent in June of 2015, up from 0.5 percent in May and matching market consensus. It is the highest inflation since January this year, as prices of food and non-alcoholic beverages and restaurants and hotels increased while the decline in cost of transport eased.
Published on 2015-07-01

South Korea Inflation Edges Up in May
South Korean annual inflation rate increased to 0.5 percent in May of 2015 from 0.4 percent in April, matching market forecasts. Prices of food and non-alcoholic beverages surged and a decline in cost of transport eased.
Published on 2015-06-02

South Korea Inflation Rate Stable at 0.4% in April
South Korean annual inflation rate eased to 0.4 percent in April of 2015, the same pace as in the precious month and matching market forecasts. The figure is the lowest since July of 1999.
Published on 2015-05-01

South Korea Inflation Rate Lowest in Almost 16 Years
South Korean annual inflation rate eased to 0.4 percent in March of 2015 from a 0.5 percent n February, as cost of transport, recreation & culture and housing and utilities declined. The figure came slightly below market forecasts and is the lowest since July of 1999.
Published on 2015-04-01

South Korea Inflation Rate Slows to 15-1/2-Year Low
South Korean annual inflation rate eased to 0.5 percent in February of 2015, the lowest figure since July of 1999, due to a fall in prices of industrial goods and fresh food.
Published on 2015-03-02

South Korea Inflation Rate Stable at 0.8%
South Korean annual inflation rate was steady at 0.8 percent in January of 2015, remaining at a fifteen-year low. Prices of fresh food fell again while cost of industrial goods rose slightly.
Published on 2015-02-02

South Korea Inflation Rate Down to 15-Year Low
South Korea annual inflation rate slowed for the second straight month to 0.8 percent in December of 2014 from 1 percent in the previous month. It is the lowest rate since September of 1999 due to a fall in prices of industrial goods and fresh food.
Published on 2014-12-31

South Korea Inflation Rate at 9-Month Low
South Korea annual inflation rate slowed to 1 percent in November of 2014 from 1.2 percent in the previous month. It is the lowest rate since February due to a fall in prices of industrial goods.
Published on 2014-12-01

South Korea Inflation Rate Edges Up in October
South Korean annual inflation rate accelerated for the first time in five months to 1.2 percent in October of 2014 from 1.1 percent in the previous month. On a monthly basis, consumer prices fell for the second straight month.
Published on 2014-11-03

South Korea Inflation Continues to Slow in September
South Korean annual inflation eased to 1.10 percent in September of 2014 from 1.40 percent in the previous month, and below market expectations. The rate was the slowest in the last seven months, helped by stable prices of food and healthcare services.
Published on 2014-10-01

South Korea Inflation Rate Eases in August
South Korean annual inflation eased to 1.40 percent in August of 2014 from 1.60 percent in the previous month, below market expectations. Prices of housing and utilities slowed while food and transport cost fell.
Published on 2014-09-02

South Korea Inflation Slows in July
South Korean annual inflation slowed to 1.60 percent in July of 2014 from 1.70 percent in the previous month. Prices of clothing and footwear rose the most while education costs remained stable in the month.
Published on 2014-08-01

South Korea Inflation Steady in June
South Korean annual inflation came in at 1.70 percent in June of 2014, steady compared with the same figure in May. Prices of clothing and footwear rose the most while cost of transportation and alcoholic beverages and tobacco decreased slightly.
Published on 2014-07-01

South Korea Inflation Up to 19-Month High
South Korean annual inflation accelerated for the third straight month to 1.70 percent in May of 2014 from 1.50 percent in April, driven by higher food prices.
Published on 2014-06-03

South Korea Inflation Up to 8-Month High
South Korean annual inflation rate accelerated for the second straight month to 1.5 percent in April of 2014, up from 1.3 percent in March, driven by higher cost of industrial goods.
Published on 2014-05-01

South Korea Inflation Rate Accelerates in March
South Korean consumer prices rose in March of 2014 to an annual rate of 1.3 percent, up from 1 percent in February. The inflation rate rose for the first time in four months to a seven-month high, mainly due to higher childcare cost.
Published on 2014-04-01

South Korea Inflation Rate Slows in February
South Korea annual inflation rate eased to a four-month low 1 percent in February of 2014, down from 1.1 percent in the previous two months.
Published on 2014-03-04

South Korea Inflation Rate Steady in January
In January of 2014, South Korean annual inflation rate remained steady at 1.1 percent. Prices of fresh food dropped 12.9 percent.
Published on 2014-02-03

South Korean Inflation Rate Up to 1.1% in December
In December, South Korean inflation rate rose to 1.1 percent, up from 0.9 percent in November. Prices rose for the second consecutive month driven by higher clothing and housing costs but the rate remains below the Central Bank target of 2.5 percent.
Published on 2013-12-31

South Korea Inflation Rate Up to 0.9% in November
In November of 2013, South Korean headline CPI slightly accelerated to an annual 0.9 percent, after reaching a 14-year low in September. Although November figure was higher than a month earlier, the inflation rate stayed in the zero percent range for the third consecutive month and well below the Central Bank target.
Published on 2013-12-02

South Korea Inflation Rate at 14-Year Low in October
In October of 2013, South Korean annual inflation rate eased for the third straight month to 0.7 percent, the lowest value since September of 1999. Yet, favorable weather conditions, lower global crude oil prices and the strengthen of the Won against the US dollar contributed to the drop in food and transport prices. From September to October, prices fell 0.3 percent.
Published on 2013-11-01

South Korea Inflation Rate Slows to 14-Year Low
In September of 2013, South Korean annual inflation rate eased to 0.8 percent, the lowest rate since September of 1999, as favorable weather conditions improved agricultural production, leading to a fall in food prices. From August to September, prices increased 0.2 percent.
Published on 2013-10-01

South Korea Inflation Rate Slows to 1.3% in August
In August of 2013, South Korean annual inflation rate eased to 1.3 percent, from 1.4 percent in July, due to falling prices of miscellaneous services and stable cost of household items. Inflation a year ago was recorded at 1.2 percent.
Published on 2013-09-02

South Korea Inflation Rate Up to 1.4% in July
In July of 2013, South Korean inflation rate increased to a 5-month high of 1.4 percent, due to a rise in prices of agricultural and fishery goods and transport cost. From the preceding month, prices accelerated 0.2 percent, up from a 0.1 percent drop in June.
Published on 2013-08-01

South Korea Inflation Rate Steady at 1% in June
In June of 2013, South Korean inflation rate decreased 0.1 percent from the preceding month and rose 1.0 percent from June of 2012, mainly due to a fall in prices of agricultural and fishery goods.
Published on 2013-07-01

South Korean Inflation Rate Slows to 13-Year Low in May
In South Korea, the Consumer Price Index was unchanged from the preceding month and rose 1.0 percent from May 2012. The inflation rate decreased 0.2 pp from the previous month and was at its lowest level since 0.8 percent in September 1999.
Published on 2013-06-03

South Korea Inflation Rate Down to 1.2% in April
In South Korea, the year-on-year inflation rate slowed to 1.2 percent from 1.3 percent recorded in March due to falling oil and vegetable prices. Inflation stayed comfortably below the Central Bank of Korea's target range of 2.5-3.5 percent, leaving room for further monetary easing to spur growth.
Published on 2013-05-02

South Korea Inflation Rate Slows in March to 1.3%
In South Korea, the year-on-year inflation rate slowed to 1.3 percent in March of 2013, well below the central bank’s expectations, mainly due to a slight increase in food prices and a decline in prices of transport, furnishings and miscellaneous goods and services.
Published on 2013-04-03

South Korea Inflation Down to 1.4% in February
In South Korea, the inflation rate slowed to 1.4 percent in February of 2013, well below the central bank’s expectations, mainly due to a slightly increase in food prices and a decrease in prices of miscellaneous services.
Published on 2013-03-04

South Korea Inflation Up to 1.5 Percent in January
The Consumer Price Index was 107.3 (2010=100) in January 2013. The index increased 0.6 percent from the preceding month and rose 1.5 percent from January 2012.
Published on 2013-02-04

South Korea inflation down to 1.4 percent in December
The Consumer Price Index in 2012 was 106.3(2010=100), up 2.2 percent from the previous year. The Consumer Price Index was 106.7(2010=100) in December 2012. The index increased 0.2 percent from the preceding month and rose 1.4 percent from December 2011.
Published on 2013-01-21

South Korea Inflation Down to 1.6 Percent in November
The Consumer Price Index was 106.5 (2010=100) in November 2012. The index decreased 0.4 percent from the preceding month and rose 1.6 percent from November 2011.
Published on 2012-12-14