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.
Annual inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item
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Statistics Korea. (May 19, 2024). Annual inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1478244/south-korea-cpi-inflation-rate-by-item/
Statistics Korea. "Annual inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item." Chart. May 19, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1478244/south-korea-cpi-inflation-rate-by-item/
Statistics Korea. (2024). Annual inflation rate for the Consumer Price Index (CPI) in South Korea in 2023, by item. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1478244/south-korea-cpi-inflation-rate-by-item/
Statistics Korea. "Annual 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, Annual 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 December 22, 2024)
Annual 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/