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Historical Year Data · 1979

South Korea CPI Inflation (WEO) in 1979

South Korea CPI Inflation (WEO) opened 1979 at 18.32% and closed at 18.32%, a +0.00% move for the year. The high of 18.32% was reached on December 31, and the low of 18.32% on December 31.

Open
18.32%
1979-01
Close
18.32%
1 data points
High
18.32%
Dec 31
Low
18.32%
Dec 31
Full Year Change
+0.00%
1978 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec18.32%18.32%18.32%18.32%+0.00%

Events During 1979

1979 Volcker Shock
Stagflation
October 1979 – August 1982

Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.

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1979
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