Key data points
Last release
—
Observation period
Nov 2024
Next release
—
Forecast
—
Highest
114.69 POINT on Oct 31, 2024
Lowest
2.49 POINT on Jan 31, 1965
About South Korea consumer price index
In South Korea, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.
Related indicators
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 114.40 POINT, and the month before that it reached 114.69 POINT.