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 2.78 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.


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 2.4
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 104 105 105 107 106 109
Core Inflation Rate 0.9 1.5 1.7 2.5 1.8 2.2
GDP Deflator 111 110 114 112 110 117
Producer Prices 105 106 106 107 107 111
Producer Prices Change 2.9 2.9 3.1 2.8 2.2 1.9
Export Prices 87.61 85.4 87 85.7 86.4 84
Import Prices 89.4 88.3 91 88.5 88.9 94
Food Inflation 3 2 2.2 2.5 2.78 2.9
Cpi Housing Utilities 101 102 102 101 101 102
CPI Transportation 105 102 104 105 107 109