South Korea Import Price Index y/y

Country: South Korea, KRW
Importance:
Low
Sector: Prices
Last release
Actual
24.8%
Forecast
24.9%
Previous
20.5%
Next release
Actual
Coming in 27 days
Forecast
27.0%
Previous
24.8%
Date (GMT)
Reference
Actual
Forecast
Sep 2024
-3.3%
-6.5%
Aug 2024
1.8%
9.2%
Jul 2024
9.8%
11.4%
Jun 2024
9.7%
May 2024
4.6%
Apr 2024
2.9%
2.8%
Mar 2024
-0.7%
1.8%
Feb 2024
-0.2%
6.9%
Jan 2024
0.2%
2.4%
Dec 2023
-4.1%
-5.7%
Nov 2023
-8.5%
-14.6%
Oct 2023
-10.2%
-7.8%
Sep 2023
-9.6%
-7.9%
Aug 2023
-9.0%
-14.5%
Jul 2023
-13.5%
-20.8%
Jun 2023
-15.7%
-15.2%
May 2023
-12.0%
-9.1%
Apr 2023
-5.8%
-10.5%
Mar 2023
-6.9%
-0.5%
Feb 2023
-0.5%
-3.0%

Import Price Index y/y reflects changes in prices of goods and services imported to South Korea in the given month compared to the same month of the previous year. Each category of goods or services used for the index calculation is given a certain weight. The growth of import prices is an indication of trading activity and is a leading indicator of consumer inflation in South Korea.