South Korea South Korea CPI Consumer Price Index

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CPI South Korea December of 2023

CPI falls in December of 2023 in South Korea

The annual variation rate of the CPI in South Korea in December of 2023 was 3.1%, 2 tenths less than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 0%, and thus the accumulated inflation in 2023 is 3.1%

We must highlight the increase of 1% in the prices of Food and non-alcoholic beverages, until its interannual rate reached 6.2%, which is in contrast to the decrease in the prices of Transport of -2.1%, and an interannual variation of -0.4%.

In this page we show you the progression of the CPI in South Korea. You can see the inflation in other countries in CPI and see all the information about South Korea in South Korea's economy

CPI South Korea December 2023
 InterannualAccum. since JanuaryMonthly variation
CPI (overall index) [+]3.1%
3.1%
0.0%
Food and non-alcoholic beverages [+]6.2%
1.0%
Alcoholic beverages and tobacco [+]1.9%
0.2%
Clothing and footwear [+]5.6%
0.1%
Housing, water, electricity, gas and other fuels [+]2.6%
-0.1%
Furniture, household equipment and maintenance [+]4.6%
0.4%
Health [+]1.7%
0%
Transport [+]-0.4%
-2.1%
Communication [+]0.6%
0.2%
Recreation and culture [+]2.3%
0.6%
Education [+]1.7%
0.1%
Restaurants and hotels [+]4.4%
0.2%
Miscellaneous goods and services [+]4.0%
-0.3%
< CPI 2023-11
South Korea: CPI annual
 2022  2021 
CPI (overall index) [+]5.0%
3.7%
Food and non-alcoholic beverages [+]5.2%
6.3%
Alcoholic beverages and tobacco [+]2.7%
0.5%
Clothing and footwear [+]5.7%
1.4%
Housing, water, electricity, gas and other fuels [+]7.1%
3.1%
Furniture, household equipment and maintenance [+]4.4%
3.9%
Health [+]1.4%
0.3%
Transport [+]3.6%
10.0%
Communication [+]1.1%
-1.1%
Recreation and culture [+]4.1%
0.9%
Education [+]1.6%
1.1%
Restaurants and hotels [+]8.2%
4.7%
Miscellaneous goods and services [+]8.1%
2.6%