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
May 2021
13.8%
13.2%
Apr 2021
15.0%
14.5%
Mar 2021
9.0%
4.6%
Feb 2021
-0.8%
-6.5%
Jan 2021
-6.7%
-11.2%
Dec 2020
-10.2%
-7.4%
Nov 2020
-10.6%
-14.4%
Oct 2020
-11.6%
-10.0%
Sep 2020
-11.5%
-5.7%
Aug 2020
-10.5%
-13.9%
Jul 2020
-9.0%
-5.3%
Jun 2020
-7.3%
-8.1%
May 2020
-12.8%
-16.7%
Apr 2020
-14.1%
-14.1%
Mar 2020
-7.7%
-0.6%
Feb 2020
-0.9%
4.6%
Jan 2020
2.7%
2.6%
Dec 2019
3.4%
-2.2%
Nov 2019
-2.1%
-5.3%
Oct 2019
-5.7%
-6.1%

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.