South Korea Inflation Rate - Forecast

Inflation Rate in South Korea is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in South Korea to stand at 1.70 in 12 months time. In the long-term, the South Korea Inflation Rate is projected to trend around 2.40 percent in 2020, according to our econometric models.


South Korea Inflation Rate
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South Korea Prices Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 1.3 1.5 1.5 1.6 1.7 2.4
Inflation Rate Mom -0.1 0.28 0 0.1 0.09 0.2
Consumer Price Index CPI 104 104 105 105 106 111
Core Consumer Prices 104 105 106 107 106 114
Core Inflation Rate 1.3 2.1 2.5 3.4 1.94 3.2
GDP Deflator 109 122 113 130 113 146
Producer Prices 104 104 106 106 107 111
Producer Prices Change 1.4 2 2.9 3.1 2.8 1.9
Export Prices 84.27 95 89.35 102 91.5 104
Import Prices 83.94 90 83.56 95 83.56 103
Food Inflation 2.2 1.8 2 2.2 2.5 2.9
CPI Transportation 103 102 103 104 106 110