South Korea Import Price Index y/y
| Low | -0.5% | -3.0% |
1.9%
|
|
| Last release | Importance | Actual | Forecast |
Previous
|
| -0.5% |
-0.5%
|
|||
| Next release | Actual | Forecast |
Previous
|
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.
Last values:
actual data
forecast
The chart of the entire available history of the "South Korea Import Price Index y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
