Consumer Price Index Growth (MoM)
economic
Updated: 1 Dec, 11:00 pm UTC
Deviation
-0.4%
Consensus
0.6%
Previous
0.3%
Actual
-0.1% Description
Source: South Korea
The Consumer Price Index released by the National Statistical Office is a measure of price movements. The purchasing power of the Won is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Korean Won, while a low reading is seen as negative (or bearish).