South Korea: Consumer Price Index (CPI)

* indicates monthly or quarterly data series
 South Korea

Consumer Price Index (CPI)

 Latest value 114.09
 Reference May 2024
 Measure index points
 Data availability January 1965 - May 2024
 Average 51.3601
 Min - Max 2.493 - 114.09
 Source Korean Statistical Information Service
For that indicator, we provide data for South Korea from January 1965 to May 2024. The average value for South Korea during that period was 51.3601 index points with a minimum of 2.493 index points in January 1965 and a maximum of 114.09 index points in May 2024. Click on the following link to see the values of Consumer Price Index (CPI) around the world.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Consumer Price Index (CPI) - recent values

Historical chart
South Korea - Consumer Price Index (CPI) - historical chart - 1965-2024
Measure: index points
Source: Korean Statistical Information Service


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Definition: The Consumer Price Index (CPI) measures the changes in the cost of a basket of goods and services consumed by the average urban household.

 Related indicators Latest value Reference Measure
 Inflation 5.1 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 1,333.3333 9/2023 Local Currency Units per USD
 Money supply (broad money) 3,839,468.60 9/2023 billion
 Consumer Price Index (CPI) 112.8300 9/2023 index points
 Inflation, monthly 0.49 9/2023 percent
 Inflation, annual 3.68 9/2023 percent
 Private sector credit 3,227,684.80 9/2023 billion
 Business credit 1,930,596.40 9/2023 billion
 Household credit 1,297,088.40 9/2023 billion
 Mortgage credit 659,363.10 9/2023 billion
 Consumer credit 637,725.30 9/2023 billion
 Deposit interest rate 3.95 9/2023 percent
 Business credit interest rate 5.27 9/2023 percent
 Mortgage credit interest rate 4.35 9/2023 percent
 Policy rate 3.50 9/2023 percent
 Household debt to GDP 101.50 9/2023 percent
 Debt service ratios for private non-financial sector 23.80 Q3/2023 percent
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