South Korea Inflation Rate 1966-2015 | Data | Chart | Calendar | Forecast

The inflation rate in South Korea was recorded at 0.40 percent in April of 2015. Inflation Rate in South Korea averaged 7.75 percent from 1966 until 2015, reaching an all time high of 32.50 percent in October of 1980 and a record low of 0.20 percent in February of 1999. Inflation Rate in South Korea is reported by the Statistics Korea.

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South Korea Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 32.50 0.20 1966 - 2015 percent Monthly
2010=100, NSA
In South Korea, the most important categories in the consumer price index are Housing, water, electricity, gas and other fuels (17 percent of total weight) and Food and non-alcoholic beverages (13.6 percent of total weight). Others include Restaurants and hotels (12 percent); Education (11.4 percent); Transportation (10.9 percent); Health (7.3 percent); and Clothing and footwear (6.2 percent). The components with the least weight are Communication at 5.8 percent; Miscellaneous goods and services at 5.4 percent; Recreation and culture at 5.3 percent; Furnishings, household equipment and routine maintenance at 3.8 percent; and Alcoholic beverages and tobacco at 1.24 percent. This page provides - South Korea Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - South Korea Inflation Rate - was last refreshed on Tuesday, May 26, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-02 11:00 PM Feb 0.5% 0.8% 0.8% 0.68%
2015-04-01 12:00 AM Mar 0.4% 0.5% 0.4% 0.45%
2015-05-01 12:00 AM Apr 0.4% 0.4% 0.4% 0.4%
2015-06-01 12:00 AM May 0.4% 1.06%
2015-06-25 09:00 PM Jun 1.11%
2015-07-24 09:00 PM Jul 1.16%


South Korea Inflation Rate Stable at 0.4% in April


South Korean annual inflation rate eased to 0.4 percent in April of 2015, the same pace as in the precious month and matching market forecasts. The figure is the lowest since July of 1999.

On a monthly basis, consumer prices increased 0.1 percent in April after remaining flat in March.

Annual core inflation, which strips out volatile energy and food prices, rose to 2.0 percent from 2.1 percent increase in the previous month. 

Rida Husna l rida@tradingeconomics.com
5/1/2015 5:30:06 AM


Recent Releases

South Korea Inflation Rate Lowest in Almost 16 Years
South Korean annual inflation rate eased to 0.4 percent in March of 2015 from a 0.5 percent n February, as cost of transport, recreation & culture and housing and utilities declined. The figure came slightly below market forecasts and is the lowest since July of 1999. Published on 2015-04-01

South Korea Inflation Rate Slows to 15-1/2-Year Low
South Korean annual inflation rate eased to 0.5 percent in February of 2015, the lowest figure since July of 1999, due to a fall in prices of industrial goods and fresh food. Published on 2015-03-02


South Korea Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 0.40 32.50 0.20 percent [+]
Inflation Rate Mom 0.10 0.00 5.29 -2.52 percent [+]
Consumer Price Index CPI 109.50 109.40 109.50 2.90 Index Points [+]
Core Inflation Rate 2.10 2.30 30.50 -0.30 percent [+]
Core Consumer Prices 110.70 110.60 110.70 10.70 Index Points [+]
GDP Deflator 103.00 105.20 105.20 4.20 Index Points [+]
Producer Prices 101.80 101.80 108.97 5.07 Index Points [+]
Producer Prices Change -3.60 -3.70 47.40 -4.36 percent [+]
Export Prices 82.83 84.48 168.80 14.92 Index Points [+]
Import Prices 80.57 82.53 116.89 4.81 Index Points [+]
Food Inflation 0.58 1.61 6434.02 -4.50 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.30 Feb/15 1.70 23.90 -1.30 percent [+]
Brazil 8.17 Apr/15 8.13 6821.31 1.65 percent [+]
Canada 0.80 Apr/15 1.20 21.60 -17.80 percent [+]
China 1.50 Apr/15 1.40 28.40 -2.20 percent [+]
Euro Area 0.00 Apr/15 -0.10 5.00 -0.70 percent [+]
France 0.10 Apr/15 -0.10 18.80 -0.70 percent [+]
Germany 0.50 Apr/15 0.30 11.54 -7.62 percent [+]
India 4.87 Apr/15 5.25 11.16 4.38 percent [+]
Indonesia 6.79 Apr/15 6.38 82.40 -1.17 percent [+]
Italy -0.10 Apr/15 -0.09 25.64 -0.60 percent [+]
Japan 2.30 Mar/15 2.20 25.00 -2.52 percent [+]
Mexico 3.06 Apr/15 3.14 179.73 2.91 percent [+]
Netherlands 0.60 Apr/15 0.38 11.19 -1.30 percent [+]
Russia 16.40 Apr/15 16.90 2333.30 3.60 percent [+]
South Korea 0.40 Apr/15 0.40 32.50 0.20 percent [+]
Spain -0.60 Apr/15 -0.70 28.43 -1.37 percent [+]
Switzerland -1.10 Apr/15 -0.90 11.92 -1.37 percent [+]
Turkey 7.91 Apr/15 7.61 138.71 -4.01 percent [+]
United Kingdom -0.10 Apr/15 0.00 8.50 -0.10 percent [+]
United States -0.20 Apr/15 -0.10 23.70 -15.80 percent [+]