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Embargo & Release Date : 8:00 A.M. September 2, 2022

Price Statistics Division

Press Deputy Director General for
Contact Division
Short-term Economic Statistics,
Release STATISTICS KOREA

Contact Person Lee, Jung-Hyun(042.481.2530)

Consumer Price Index in August 2022

 Consumer Price Index : August 2022

□ The Consumer Price Index was 108.62(2020=100) in August 2022. The index
decreased 0.1 percent from the preceding month and rose 5.7 percent from the
same month of the previous year.

❍ The index excluding food and energy was 105.76 in August 2022. The index
increased 0.3 percent from the preceding month and rose 4.0 percent from the
same month of the previous year.

< The Current Trend of Consumer Price Index >

(2020=100, %)
2022
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
All items 104.69 105.30 106.06 106.85 107.56 108.22 108.74 108.62
Percent changes from the preceding
0.6 0.6 0.7 0.7 0.7 0.6 0.5 -0.1
month
Percent changes year on year 3.6 3.7 4.1 4.8 5.4 6.0 6.3 5.7
Excluding food and energy 103.16 103.59 103.72 104.11 104.60 105.04 105.43 105.76
Percent changes from the preceding
0.6 0.4 0.1 0.4 0.5 0.4 0.4 0.3
month
Percent changes year on year 2.6 2.9 2.9 3.1 3.4 3.9 3.9 4.0

< All items Inflation Rates >

A(%) Percent changes from the preceding month(A) B(%)

Percent changes from the same month of the preceding year(B)

5.7

-0.1

'13.08 '14.08 '15.08 '16.08 '17.08 '18.08 '19.08 '20.08 '21.08 '22.08
 < All items(Excluding food and energy) Inflation Rates >

A(%) Percent changes from the preceding month(A) B(%)

Percent changes from the same month of the preceding year(B)

4.0

0.3

'13.08 '14.08 '15.08 '16.08 '17.08 '18.08 '19.08 '20.08 '21.08 '22.08

□ The Consumer Price Index by expenditure category in August 2022 was below.

❍ The index for Food and non-alcoholic beverages, Alcoholic beverages and
tobacco, Clothing and footwear, Housing, water, electricity, gas and other fuels,
Furnishings, household equipment & routine maintenance, Health, Recreation
and culture, Education, Restaurants and hotels, and Miscellaneous goods and
services increased 1.4 percent, 0.1 percent, 0.1 percent, 0.2 percent, 0.6
percent, 0.2 percent, 0.7 percent, 0.1 percent, 0.9 percent, and 0.2 percent
respectively from the preceding month.

❍ The index for Transport decreased 4.9 percent respectively from the preceding
month.

❍ The index for Communication remained unchanged from the preceding month.
 < Consumer Price Index by expenditure category >
(Not seasonally adjusted) (2020=100, %)
August 2021 August 2022
Percent Percent
Percent Percent
Number changes changes
Weights changes changes
of Items Index from the Index from the
year on year on
preceding preceding
year year
month month
All items 458 1000.0 102.75 0.5 2.6 108.62 -0.1 5.7
Food and non-alcoholic
140 154.5 106.20 1.4 4.3 114.69 1.4 8.0
beverages
Alcoholic beverages and
7 16.5 100.66 0.1 0.7 103.17 0.1 2.5
tobacco
Clothing and footwear 25 48.6 100.38 0.0 0.1 103.69 0.1 3.3
Housing, water, electricity,
15 171.6 100.78 0.3 2.4 106.99 0.2 6.2
gas and other fuels
Furnishings, household
equipment & routine 50 53.9 102.46 0.3 2.2 107.90 0.6 5.3
maintenance
Health 34 87.2 99.92 0.0 0.2 100.82 0.2 0.9
Transport 33 106.0 107.90 0.8 8.1 117.40 -4.9 8.8
Communication 6 48.4 98.88 0.0 -2.8 99.86 0.0 1.0
Recreation and culture 47 57.5 101.21 0.5 0.5 104.60 0.7 3.3
Education 20 70.3 101.10 0.1 0.9 102.57 0.1 1.5
Restaurants and hotels 44 131.3 103.39 0.5 3.0 112.43 0.9 8.7
Miscellaneous goods and
37 54.2 102.30 0.2 2.2 109.28 0.2 6.8
services