South Korea Consumer Price Index: COICOP 1999: OECD Member: Quarterly
Consumer Price Index (CPI): Local Source Base Year: Alcoholic Beverages, Tobacco and Narcotics
KR: CPI: Local Source Base Year: Alcoholic Beverages, Tobacco and Narcotics data was reported at 104.493 2020=100 in Dec 2023. This records an increase from the previous number of 103.470 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Alcoholic Beverages, Tobacco and Narcotics data is updated quarterly, averaging 52.854 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 104.493 2020=100 in Dec 2023 and a record low of 22.027 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Alcoholic Beverages, Tobacco and Narcotics data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985
| Last | Frequency | Range |
|---|---|---|
| 104.493 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Alcoholic Beverages, Tobacco and Narcotics from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: All Items
KR: CPI: Local Source Base Year: All Items data was reported at 112.880 2020=100 in Dec 2023. This records an increase from the previous number of 112.133 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: All Items data is updated quarterly, averaging 49.919 2020=100 from Mar 1965 (Median) to Dec 2023, with 236 observations. The data reached an all-time high of 112.880 2020=100 in Dec 2023 and a record low of 2.531 2020=100 in Mar 1965. KR: CPI: Local Source Base Year: All Items data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1951
| Last | Frequency | Range |
|---|---|---|
| 112.880 Dec 2023 | quarterly | Mar 1965 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: All Items from Mar 1965 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear
KR: CPI: Local Source Base Year: Clothing and Footwear data was reported at 113.127 2020=100 in Dec 2023. This records an increase from the previous number of 111.650 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Clothing and Footwear data is updated quarterly, averaging 68.907 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 113.127 2020=100 in Dec 2023 and a record low of 32.813 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Clothing and Footwear data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985
| Last | Frequency | Range |
|---|---|---|
| 113.127 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: Communication
KR: CPI: Local Source Base Year: Communication data was reported at 101.227 2020=100 in Dec 2023. This records an increase from the previous number of 101.047 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Communication data is updated quarterly, averaging 119.431 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 169.167 2020=100 in Sep 1988 and a record low of 96.140 2020=100 in Dec 2020. KR: CPI: Local Source Base Year: Communication data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985
| Last | Frequency | Range |
|---|---|---|
| 101.227 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Communication from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: Education
KR: CPI: Local Source Base Year: Education data was reported at 104.517 2020=100 in Dec 2023. This records an increase from the previous number of 104.470 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Education data is updated quarterly, averaging 71.253 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 104.517 2020=100 in Dec 2023 and a record low of 17.170 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Education data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985
| Last | Frequency | Range |
|---|---|---|
| 104.517 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Education from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: Food and Non-Alcoholic Beverages
KR: CPI: Local Source Base Year: Food and Non-Alcoholic Beverages data was reported at 121.070 2020=100 in Dec 2023. This records an increase from the previous number of 120.097 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Food and Non-Alcoholic Beverages data is updated quarterly, averaging 59.518 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 121.070 2020=100 in Dec 2023 and a record low of 20.467 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Food and Non-Alcoholic Beverages data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1970
| Last | Frequency | Range |
|---|---|---|
| 121.070 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Food and Non-Alcoholic Beverages from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance
KR: CPI: Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance data was reported at 113.743 2020=100 in Dec 2023. This records an increase from the previous number of 113.173 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance data is updated quarterly, averaging 73.600 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 113.743 2020=100 in Dec 2023 and a record low of 43.933 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985
| Last | Frequency | Range |
|---|---|---|
| 113.743 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Furnishings, Household Equipment and Routine Household Maintenance from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: Health
KR: CPI: Local Source Base Year: Health data was reported at 102.753 2020=100 in Dec 2023. This records an increase from the previous number of 102.513 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Health data is updated quarterly, averaging 81.567 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 102.753 2020=100 in Dec 2023 and a record low of 36.073 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Health data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985
| Last | Frequency | Range |
|---|---|---|
| 102.753 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Health from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: Housing, Water, Electricity, Gas and Other Fuels
KR: CPI: Local Source Base Year: Housing, Water, Electricity, Gas and Other Fuels data was reported at 113.547 2020=100 in Dec 2023. This records an increase from the previous number of 112.263 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Housing, Water, Electricity, Gas and Other Fuels data is updated quarterly, averaging 72.210 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 113.547 2020=100 in Dec 2023 and a record low of 30.645 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Housing, Water, Electricity, Gas and Other Fuels data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985
| Last | Frequency | Range |
|---|---|---|
| 113.547 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Housing, Water, Electricity, Gas and Other Fuels from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: Restaurants and Hotels
KR: CPI: Local Source Base Year: Restaurants and Hotels data was reported at 118.480 2020=100 in Dec 2023. This records an increase from the previous number of 118.100 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Restaurants and Hotels data is updated quarterly, averaging 68.434 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 118.480 2020=100 in Dec 2023 and a record low of 21.257 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Restaurants and Hotels data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985
| Last | Frequency | Range |
|---|---|---|
| 118.480 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Restaurants and Hotels from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): Local Source Base Year: Transport
KR: CPI: Local Source Base Year: Transport data was reported at 115.053 2020=100 in Dec 2023. This records an increase from the previous number of 113.207 2020=100 for Sep 2023. KR: CPI: Local Source Base Year: Transport data is updated quarterly, averaging 79.988 2020=100 from Mar 1985 (Median) to Dec 2023, with 156 observations. The data reached an all-time high of 120.640 2020=100 in Jun 2022 and a record low of 27.630 2020=100 in Mar 1985. KR: CPI: Local Source Base Year: Transport data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1985
| Last | Frequency | Range |
|---|---|---|
| 115.053 Dec 2023 | quarterly | Mar 1985 - Dec 2023 |
View South Korea's Consumer Price Index (CPI): Local Source Base Year: Transport from Mar 1985 to Dec 2023 in the chart:
Consumer Price Index (CPI): OECD Grouping: Goods
KR: CPI: OECD Grouping: Goods data was reported at 121.036 2015=100 in Sep 2024. This records an increase from the previous number of 120.795 2015=100 for Jun 2024. KR: CPI: OECD Grouping: Goods data is updated quarterly, averaging 74.756 2015=100 from Mar 1985 (Median) to Sep 2024, with 159 observations. The data reached an all-time high of 121.036 2015=100 in Sep 2024 and a record low of 31.853 2015=100 in Mar 1985. KR: CPI: OECD Grouping: Goods data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly.
| Last | Frequency | Range |
|---|---|---|
| 121.036 Sep 2024 | quarterly | Mar 1985 - Sep 2024 |