South Korea CPI Consumer Price Index 2024

CPI South Korea March of 2024

No change in South Koreans CPI

The annual variation rate of the CPI in South Korea in March of 2024 was 3.1%. The CPI (Consumer Price Index) remains steady than the month before,The monthly variation rate of the CPI (Consumer Price Index) has been 0.2%, and thus the accumulated inflation in 2024 is 1.1%

We must highlight the increase of 0.7% in the prices of Furniture, household equipment and maintenance, until its interannual rate reached 3.1%, which is in contrast to the decrease in the prices of Recreation and culture of -0.4%, and an interannual variation of 1.5%.

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 (overall index) [+]

CPI South Korea March 2024

	Interannual	Accum. since January	Monthly variation
CPI (overall index) [+]	3.1%	1.1%	0.2%
Food and non-alcoholic beverages [+]	6.7%		0.2%
Alcoholic beverages and tobacco [+]	1.0%		0.1%
Clothing and footwear [+]	5.4%		0.0%
Housing, water, electricity, gas and other fuels [+]	1.8%		-0.1%
Furniture, household equipment and maintenance [+]	3.1%		0.7%
Health [+]	1.9%		0.2%
Transport [+]	2.8%		0.3%
Communication [+]	0.3%		0%
Recreation and culture [+]	1.5%		-0.4%
Education [+]	1.3%		0.3%
Restaurants and hotels [+]	3.4%		0.3%
Miscellaneous goods and services [+]	4.3%		0.2%
< CPI 2024-02

South Korea: CPI annual

	2023	2022
CPI (overall index) [+]	3.2%	5.0%
Food and non-alcoholic beverages [+]	6.2%	5.3%
Alcoholic beverages and tobacco [+]	1.9%	2.6%
Clothing and footwear [+]	6.0%	5.3%
Housing, water, electricity, gas and other fuels [+]	2.8%	6.9%
Furniture, household equipment and maintenance [+]	4.6%	4.5%
Health [+]	1.8%	1.4%
Transport [+]	-0.2%	3.4%
Communication [+]	0.3%	1.3%
Recreation and culture [+]	1.9%	4.5%
Education [+]	1.8%	1.5%
Restaurants and hotels [+]	4.4%	8.1%
Miscellaneous goods and services [+]	4.1%	8.0%