South Korea Core Inflation Rate - Forecast

Core Inflation Rate in South Korea is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in South Korea to stand at 1.80 in 12 months time. In the long-term, the South Korea Core Inflation Rate is projected to trend around 2.20 percent in 2020, according to our econometric models.


Forecast Data Chart
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South Korea Prices Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 1.4 1.5 1.7 1.8 1.9 2.3
Inflation Rate Mom 0.5 0.2 0.5 0.6 0.4 0.2
Consumer Price Index CPI 105 105 105 106 106 109
Core Consumer Prices 104 104 105 106 106 108
Core Inflation Rate 0.9 0.8 1.1 1.5 1.8 2.2
GDP Deflator 111 112 114 112 110 117
Producer Prices 105 106 106 107 107 111
Producer Prices Change 3 2.9 3.1 2.8 2.5 1.9
Export Prices 87.61 86.8 87 85.7 86.4 84
Import Prices 89.4 88.5 91 88.5 88.9 94
Food Inflation 3 2.7 2.2 2.5 2.8 2.9
Cpi Housing Utilities 101 103 103 104 104 107
CPI Transportation 105 102 104 105 107 109