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The consumer price inflation in South Korea had the highest level in last 9 years equal to 4.7% in 2008. The following trend of inflation rate until 2015 could be called downward if there was no jump to 4% in 2011.

OECD, IMF, UN and EC predict the rise of inflation in the near future, also IMF expects it to level off in 2018.

For the analysis of the other G20 economies, select a country page:

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World in 2020

Access and compare forecasts for more than 50 indicators related to a country’s economic, demographic, and energy futures from leading international institutions. Assess the historic quality of forecasts with our Forecast Accuracy Tracking Tool™ and select the most accurate forecast to support your analysis.

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