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. Click on the following link to see the values of: Inflation, monthly around the world.
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* indicates monthly or quarterly data series

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  • 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
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