The Consumer Price Index in South Korea decreased 0.30 percent in December of 2018 over the previous month. Inflation Rate Mom in South Korea averaged 0.58 percent from 1965 until 2018, reaching an all time high of 5.29 percent in February of 1974 and a record low of -2.52 percent in November of 1966.
Inflation Rate Mom in South Korea is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in South Korea to stand at 0.40 in 12 months time. In the long-term, the South Korea Inflation Rate MoM is projected to trend around 0.20 percent in 2020, according to our econometric models.