ConsumerPriceIndex PressRelease

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Press Release

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

Contact Division

Price Statistics Division Economic Statistics Bureau, STATISTICS KOREA

Contact Person Yang Dong-Hee (042.481.2530)

Consumer Price Index

in January 2011

C onsum er P rice Index: January 201 1

The Consumer Price Index was 118.9(2005=100) in January 2011.

The index increased 0.9 percent from the preceding month and rose 4.1 percent from January 2010.

The index excluding agricultural products and oils was 116.3 in January 2011. The index increased 0.6 percent from the preceding month and rose 2.6 percent from January 2010.

< The Current Trend of Consumer Price Index >

(2005=100, %) CPI

(2005=100)

2010 2011

Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan.

All items 115.5 115.9 116.3 117.6 117.8 117.1 117.8 118.9 Percent changes from

the preceding month -0.2 0.3 0.3 1.1 0.2 -0.6 0.6 0.9 Percent changes over

the last 12 months 2.6 2.6 2.6 3.6 4.1 3.3 3.5 4.1 Excluding agricultural

products and oils 114.4 114.6 114.8 115.1 115.1 115.2 115.6 116.3 Percent changes from

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

the last 12 months 1.7 1.7 1.8 1.9 1.9 1.8 2.0 2.6

The most significant price rises were for food & non-alcoholic beverages and transport. The index for food & non-alcoholic beverages increased 2.4 percent in January, with the vegetables and seafood index rising. The index for transport rose 2.0 percent in January after increasing 1.8 percent in December.

The index for other components went up 0.1~1.2%, excluding alcoholic beverages & tobacco, communication and miscellaneous goods and services. Both the index for alcoholic beverages &

tobacco and the index for communication were unchanged in January. The index for miscellaneous goods and services fell 0.1 percent in January.

< Consumer Price Index and major components >

(2005=100, %)

Expenditure

category of Items Weights^Number

January 2010 January 2011

Index

Percent changes fromthe preceding

month

Percent changes Januaryfrom 2009to January

2010

Index

Percent changes fromthe preceding

month

Percent changes Januaryfrom 2010to January

2011

All items 489 1000.0 114.2 0.4 3.1 118.9 0.9 4.1

Food and non-alcoholic

beverages 131 140.4 117.6 1.6 2.2 131.2 2.4 11.6

Alcoholic beverages and

tobacco ^{9 14.6 102.3 0.1 0.7 102.3 0.0 0.0}

Clothing and footwear 42 58.4 116.5 -0.1 5.2 118.5 0.1 1.7 Housing, water, electricity,

gas and other fuels 19 170.4 112.4 0.3 2.2 116.1 1.1 3.3 Furnishings and household

equipment ⁵² 41.7 116.3 -0.3 1.6 119.1 0.6 2.4

Health 28 51.6 109.7 1.4 2.0 111.9 1.2 2.0

Transport 31 109.0 117.6 0.7 9.4 124.3 2.0 5.7

Communication 13 60.2 95.0 0.0 -0.2 93.3 0.0 -1.8

Recreation and culture 64 56.3 100.3 0.2 -0.3 102.2 0.5 1.9

Education 23 110.9 121.0 0.2 2.4 123.9 0.4 2.4

Restaurants and hotels 43 132.7 114.3 0.1 2.8 117.2 0.5 2.5 Miscellaneous goods and

services ³⁴ 53.8 129.3 -0.8 4.1 137.2 -0.1 6.1