South Korea Food Inflation  Forecast


Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows clients to download millions of rows of historical data, to query our real-time economic calendar and to subscribe to updates.

Interested? Click here to contact us


Food Inflation in South Korea is expected to be 3.20 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 2.50 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 Prices Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 1.8 2.3 2.1 2.3 2.1 2.8
Inflation Rate Mom -0.2 0.1 0.34 0.37 0.39 0.2
Consumer Price Index CPI 103 104 105 105 104 104
Core Consumer Prices 103 105 106 106 103 113
Core Inflation Rate 1.6 2.1 1.9 2.1 2.5 3.2
GDP Deflator 111 118 120 122 112 146
Producer Prices 103 104 106 107 103 114
Producer Prices Change 3.5 3.7 3.3 3.5 3.91 1.9
Export Prices 87.17 91 93 95 86.57 104
Import Prices 83.17 86 88 90 81.76 103
Food Inflation 1.7 3.2 3 2.9 2.5 2.9
CPI Transportation 102 103 103 104 101 108