In 2023, the inflation rate in South Korea was approximately 3.6 percent, with the clothing and footwear sector experiencing the fastest price increase at about 6.7 percent. Prices rose in most sectors compared to the previous year, except for the transport sector, which saw prices fall by 3.4 percent.
Inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item
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Statistics Korea. (May 19, 2024). Inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item [Graph]. In Statista. Retrieved July 18, 2024, from https://www.statista.com/statistics/1478244/south-korea-cpi-inflation-rate-by-item/
Statistics Korea. "Inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item." Chart. May 19, 2024. Statista. Accessed July 18, 2024. https://www.statista.com/statistics/1478244/south-korea-cpi-inflation-rate-by-item/
Statistics Korea. (2024). Inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item. Statista. Statista Inc.. Accessed: July 18, 2024. https://www.statista.com/statistics/1478244/south-korea-cpi-inflation-rate-by-item/
Statistics Korea. "Inflation Rate for The Consumer Price Index (Cpi) in South Korea in 2023, by Item." Statista, Statista Inc., 19 May 2024, https://www.statista.com/statistics/1478244/south-korea-cpi-inflation-rate-by-item/
Statistics Korea, Inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item Statista, https://www.statista.com/statistics/1478244/south-korea-cpi-inflation-rate-by-item/ (last visited July 18, 2024)
Inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item [Graph], Statistics Korea, May 19, 2024. [Online]. Available: https://www.statista.com/statistics/1478244/south-korea-cpi-inflation-rate-by-item/