South Korea: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is 0.1 percent as of September 2024, a decline compared to the previous value of 0.36 percent. Historically, the average for South Korea from February 1965 to September 2024 is 0.54 percent. The minimum of -2.52 percent was recorded in November 1966, while the maximum of 5.27 percent was reached in February 1974.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Korean Statistical Information Service
Recent values | South Korea: Inflation, monthly percent change in the CPI |
---|---|
2024  Sep | 0.1 |
2024  Aug | 0.36 |
2024  Jul | 0.25 |
2024  Jun | -0.23 |
2024  May | 0.08 |
2024  Apr | 0.05 |
2024  Mar | 0.15 |
2024  Feb | 0.54 |
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Definition: The percentage change in the CPI from one month to the next.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 3.6 | 2023 | percent |
Exchange rate regimes | 7 | 2022 | index points |
USD exchange rate | 1,315.7894 | 10/2024 | Local Currency Units per USD |
Money supply (broad money) | 4,040,212.40 | 6/2024 | billion |
Consumer Price Index (CPI) | 114.6900 | 10/2024 | index points |
Inflation, monthly | 0.10 | 9/2024 | percent |
Inflation, annual | 1.60 | 9/2024 | percent |
Private sector credit | 3,308,680.20 | 6/2024 | billion |
Business credit | 1,997,732.70 | 6/2024 | billion |
Household credit | 1,310,947.50 | 6/2024 | billion |
Mortgage credit | 698,365.80 | 6/2024 | billion |
Consumer credit | 612,581.70 | 6/2024 | billion |
Deposit interest rate | 3.49 | 9/2024 | percent |
Business credit interest rate | 4.77 | 9/2024 | percent |
Mortgage credit interest rate | 3.74 | 9/2024 | percent |
Policy rate | 3.50 | 8/2024 | percent |
Household debt to GDP | 92.00 | 3/2024 | percent |
Debt service ratios for private non-financial sector | 22.00 | Q1/2024 | percent |