South Korea inflation cpi

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South Korea inflation cpi: 2.4 (-11.11%)
Last Update: June 30, 2024

South Korea inflation cpi closed down 2.4 as of June 30, 2024 from 2.7 from the previous month and 2.7 from last year.


South Korea inflation cpi Analytics & Data




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South Korea inflation 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 inflation cpi

DateValues
2024-06-30 2.4
2024-05-31 2.7
2024-04-30 2.9
2024-03-31 3.1
2024-02-29 3.1
2024-01-31 2.8
2023-12-31 3.2
2023-11-30 3.3
2023-10-31 3.8
2023-09-30 3.7
2023-08-31 3.4
2023-07-31 2.3
2023-06-30 2.7
2023-05-31 3.3
2023-04-30 3.7
2023-03-31 4.2
2023-02-28 4.8
2023-01-31 5.2
2022-12-31 5
2022-11-30 5
2022-10-31 5.7
2022-09-30 5.6
2022-08-31 5.7
2022-07-31 6.3

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South Korea inflation cpi Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
inflation cpikr.inflationcpi2.42.7-11-11DownDown02024-06-30

South Korea inflation cpi Factors

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South Korea inflation cpi Historical Data

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

What is the South Korea inflation cpi

South Korea's inflation Consumer Price Index (CPI) is a measure of the average change in prices of goods and services purchased by households over time. It is an important indicator of the country's overall economic health, as high inflation can erode the purchasing power of consumers and lead to economic instability. The South Korean government closely monitors the CPI to make informed decisions on monetary policy and to ensure price stability in the economy. By analyzing the CPI data, policymakers can assess the impact of inflation on the cost of living for citizens and make adjustments to monetary policy as needed to promote economic growth and stability.

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