South Korea consumer price indexSouth Korea consumer price indexSouth Korea consumer price index

South Korea consumer price index

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
114.69POINT on Oct 31, 2024
Lowest
2.49POINT on Jan 31, 1965

About South Korea consumer price index


Category
Prices
Frequency
Monthly
Units
POINT
In South Korea, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.

Frequently Asked Questions


The Consumer Price Index (CPI) gauges the general fluctuation in consumer prices by tracking a diverse selection of goods and services over time. Widely embraced as the primary indicator of inflation, it is closely monitored by policymakers, businesses, and other market participants.
Core CPI captures the variations in the prices of goods and services, but unlike CPI, it excludes those originating from the food and energy sectors. Core CPI helps to determine the influence of increasing prices on consumer income.
The highest South Korea consumer price index ever is 114.69 POINT.
The lowest South Korea consumer price index ever is 2.49 POINT.
Last month South Korea consumer price index was 114.69 POINT, and the month before that it reached 114.65 POINT.