South Korea core inflation rate


South Korea core inflation rate: 1.7 (-7.61%)
Last Update: October 31, 2024

South Korea core inflation rate closed down 1.7 as of October 31, 2024 from 1.84 from the previous month and 3.56 from last year.


South Korea core inflation rate Analytics & Data




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South Korea core inflation rate

Date Values
2024-10-31 1.7
2024-09-30 1.84
2024-08-31 1.94
2024-07-31 2.09
2024-06-30 1.96
2024-05-31 2.04
2024-04-30 2.26
2024-03-31 2.44
2024-02-29 2.59
2024-01-31 2.65
2023-12-31 3.07
2023-11-30 3.24
2023-10-31 3.56
2023-09-30 3.72
2023-08-31 3.73
2023-07-31 3.77
2023-06-30 4
2023-05-31 4.27
2023-04-30 4.51
2023-03-31 4.7
2023-02-28 4.67
2023-01-31 4.83
2022-12-31 4.76
2022-11-30 4.83

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South Korea core inflation rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
core inflation rate kr.coreinflationrate 1.7 1.84 -8 -52 Down Down 9 2024-10-31

South Korea core inflation rate Quantitative Analysis, Charts & Factors

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South Korea core inflation rate Historical Data

The MacroVar database offers free access to historical data for the South Korea core inflation rate, 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 core inflation rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea core inflation rate

Core inflation rate in South Korea refers to a measure of inflation that excludes certain volatile factors, such as food and energy prices, in order to provide a more accurate reflection of underlying inflation trends. By focusing on core inflation, policymakers are better able to assess the overall health of the economy and make informed decisions regarding monetary policy. A stable core inflation rate is generally seen as a sign of a healthy economy, while fluctuations could indicate potential future economic challenges. Monitoring the core inflation rate in South Korea is important for both government officials and investors in order to gauge the country's economic performance and stability.

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