South Korea consumer price index cpi

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South Korea consumer price index cpi: 113.84 (-0.22%)
Last Update: June 30, 2024

South Korea consumer price index cpi closed down 113.84 as of June 30, 2024 from 114.09 from the previous month and 111.16 from last year.


South Korea consumer price index cpi Analytics & Data




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South Korea consumer price index cpi closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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South Korea consumer price index cpi

DateValues
2024-06-30 113.84
2024-05-31 114.09
2024-04-30 113.99
2024-03-31 113.94
2024-02-29 113.77
2024-01-31 113.15
2023-12-31 112.71
2023-11-30 112.67
2023-10-31 113.26
2023-09-30 112.83
2023-08-31 112.28
2023-07-31 111.29
2023-06-30 111.16
2023-05-31 111.13
2023-04-30 110.77
2023-03-31 110.52
2023-02-28 110.33
2023-01-31 110.07
2022-12-31 109.28
2022-11-30 109.1
2022-10-31 109.21
2022-09-30 108.93
2022-08-31 108.62
2022-07-31 108.74

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South Korea consumer price index cpi Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
consumer price index cpikr.cpi113.84114.09-02UPUP522024-06-30

South Korea consumer price index cpi Factors

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South Korea consumer price index cpi Historical Data

The MacroVar database offers free access to historical data for the South Korea consumer price index cpi, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Korea consumer price index cpi data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea consumer price index cpi

The Consumer Price Index (CPI) in South Korea is a measure of the average change in prices paid by consumers for goods and services over time. It is an important economic indicator that helps to track inflation and assess the purchasing power of consumers in the country. The CPI is calculated by comparing the current prices of a basket of goods and services to a base period, with the index number representing the percentage change in prices. A higher CPI indicates that prices are rising, while a lower CPI suggests that prices are falling. Policymakers and economists use the CPI to make informed decisions about monetary policy, interest rates, and economic growth strategies.

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