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Embargo & Release DateRelease DateRelease DateRelease Date : 8:00 A.M. June 1, 2011

Contact Division

Price Statistics Division Economic Statistics Bureau, STATISTICS KOREA

Contact Person Yang Dong-Hee (042.481.2530)

Consumer Price Index

in May 2011 in May 2011 in May 2011 in May 2011

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C o n s u m e r P r ic e In d e x : M a y C o n s u m e r P r ic e In d e x : M a y C o n s u m e r P r ic e In d e x : M a y

C o n s u m e r P r ic e In d e x : M a y 2 0 1 12 0 1 12 0 1 12 0 1 1

The Consumer Price Index was 120.4(2005=100) in May 2011.

The index was unchanged from the preceding month and rose 4.1 percent from May 2010.

The index excluding agricultural products and oils was 118.2 in May 2011. The index increased 0.5 percent from the preceding month and rose 3.5 percent from May 2010.

< The Current Trend of Consumer Price Index >

(2005=100, %) CPI

(2005=100)

2010 2011

Oct. Nov. Dec. Jan. Feb. Mar. Apr. May.

All items 117.8 117.1 117.8 118.9 119.8 120.4 120.4 120.4 Percent changes from

the preceding month 0.2 -0.6 0.6 0.9 0.8 0.5 0.0 0.0 Percent changes over

the last 12 months 4.1 3.3 3.5 4.1 4.5 4.7 4.2 4.1 Excluding agricultural

products and oils 115.1 115.2 115.6 116.3 117.1 117.4 117.6 118.2 Percent changes from

the preceding month 0.0 0.1 0.3 0.6 0.7 0.3 0.2 0.5 Percent changes over

the last 12 months 1.9 1.8 2.0 2.6 3.1 3.3 3.2 3.5

The index for food and non-alcoholic beverages decreased 2.2 percent, resulting from the vegetables price fall in May. The index for transport also fell 0.3 percent in May.

Both the index for health and the index for communication were unchanged in May.

The index for alcoholic beverages & tobacco increased 1.3 percent in May. Both the index for clothing and footwear and the

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index for miscellaneous goods and services went up 1.1 percent respectively. The other indexes rose 0.1 to 0.8 percent in May.

< Consumer Price Index and major components >

(2005=100, %)

Expenditure

category of Items Weights^Number

May 2010 May 2011

Index

Percent changes fromthe preceding

month

Percent changes May 2009from May 2010to

Index

Percent changes fromthe preceding

month

Percent changes May 2010from May 2011to

All items All itemsAll items

All items 489489 1000.0489489 1000.01000.01000.0 115.7115.7115.7115.7 0.10.10.10.1 2.72.72.72.7 120.4120.4120.4120.4 0.00.00.00.0 4.14.14.14.1

Food and non-alcoholic

beverages ¹³¹ ^140.4 ^121.8 ^-1.0 ^2.9 ^129.4 ^-2.2 ^6.2

Alcoholic beverages and

tobacco ⁹ ^14.6 ^102.2 ^0.0 ^0.3 ^103.5 ^1.3 ^1.3

Clothing and footwear 42 58.4 116.6 0.3 2.6 120.2 1.1 3.1 Housing, water, electricity,

gas and other fuels ¹⁹ ^170.4 ^113.2 ^0.2 ^2.7 ^118.8 ^0.8 ^4.9 Furnishings and household

equipment ⁵² ^41.7 ^117.4 ^0.4 ^0.7 ^121.9 ^0.8 ^3.8

Health 28 51.6 110.0 0.1 1.9 112.6 0.0 2.4

Transport 31 109.0 119.8 0.3 7.3 127.5 -0.3 6.4

Communication 13 60.2 94.2 0.0 -1.1 93.2 0.0 -1.1

Recreation and culture 64 56.3 100.8 0.2 0.4 103.3 0.4 2.5

Education 23 110.9 123.1 0.1 2.3 124.9 0.1 1.5

Restaurants and hotels 43 132.7 115.4 0.3 2.2 119.4 0.4 3.5 Miscellaneous goods and

services ³⁴ ^53.8 ^131.1 ^1.3 ^3.4 ^140.1 ^1.1 ^6.9