South Korea Food Inflation - Forecast

Food Inflation in South Korea is expected to be 2.00 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 1.85 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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South Korea Prices Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 1.5 1.7 1.9 1.8 1.9 2.4
Inflation Rate Mom -0.2 0.23 0.1 0.11 0.11 0.2
Consumer Price Index CPI 104 105 105 106 106 110
Core Consumer Prices 104 106 106 107 107 113
Core Inflation Rate 1.2 2.2 2.4 2.5 2.6 3.2
GDP Deflator 112 113 130 112 110 146
Producer Prices 104 106 106 107 107 111
Producer Prices Change 2.2 2.9 3.1 2.8 2.68 1.9
Export Prices 85.68 85.46 102 85.47 85.46 104
Import Prices 88.26 88.32 95 88.51 88.52 103
Food Inflation 1.8 2 2.2 2.5 1.85 2.9
Cpi Housing Utilities 102 102 103 103 103 108
CPI Transportation 105 103 104 105 107 109