Cost of food in South Korea increased 5.40 percent in November of 2018 over the same month in the previous year. Food Inflation in South Korea averaged 119.45 percent from 1970 until 2018, reaching an all time high of 6434.02 percent in January of 1985 and a record low of -4.50 percent in February of 1987.

Food Inflation in South Korea is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in South Korea to stand at 2.60 in 12 months time. In the long-term, the South Korea Food Inflation is projected to trend around 2.90 percent in 2020, according to our econometric models.

South Korea Food Inflation
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Forecast Data Chart
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South Korea Prices Last Previous Highest Lowest Unit
Inflation Rate 2.00 2.00 32.50 0.20 percent [+]
Inflation Rate Mom -0.70 -0.20 5.29 -2.52 percent [+]
Consumer Price Index CPI 104.73 105.42 105.60 2.63 Index Points [+]
Core Consumer Prices 104.53 104.68 104.68 9.61 Index Points [+]
Core Inflation Rate 1.30 1.10 30.50 -0.40 percent [+]
GDP Deflator 113.94 111.35 113.94 0.79 Index Points [+]
Producer Prices 105.41 105.81 108.97 5.08 Index Points [+]
Producer Prices Change 2.20 2.70 47.40 -4.70 percent [+]
Export Prices 88.32 87.89 168.80 14.92 Index Points [+]
Import Prices 92.06 90.67 116.89 4.81 Index Points [+]
Food Inflation 5.40 5.60 6434.02 -4.50 percent [+]
Cpi Housing Utilities 102.30 102.40 102.40 31.61 Index Points [+]
CPI Transportation 104.64 106.54 112.54 27.63 Index Points [+]


South Korea Food Inflation

This page provides the latest reported value for - South Korea Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Food Inflation - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.40 5.60 6434.02 -4.50 1970 - 2018 percent Monthly
2010=100, NSA




Country Last Previous
Argentina 46.41 Oct/18
Australia 1.60 Sep/18
Brazil 4.13 Nov/18
Canada 2.00 Oct/18
China 2.50 Nov/18
Euro Area 1.60 Oct/18
France 1.90 Nov/18
Germany 1.90 Oct/18
India -0.86 Oct/18
Indonesia 4.25 Nov/18
Italy 1.10 Nov/18
Japan 2.40 Oct/18
Mexico 4.70 Nov/18
Netherlands 0.90 Nov/18
Russia 3.00 Oct/18
Saudi Arabia 7.30 Oct/18
Singapore 1.40 Oct/18
South Africa 3.40 Oct/18
South Korea 5.40 Nov/18
Spain 1.70 Oct/18
Switzerland 1.30 Nov/18
Turkey 25.66 Nov/18
United Kingdom 0.90 Oct/18
United States 1.20 Oct/18


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