CONVEX
Sign in
Historical Year Data · 1971

South Korea CPI Inflation (WEO) in 1971

South Korea CPI Inflation (WEO) opened 1971 at 13.51% and closed at 13.51%, a +0.00% move for the year. The high of 13.51% was reached on December 31, and the low of 13.51% on December 31.

Open
13.51%
1971-01
Close
13.51%
1 data points
High
13.51%
Dec 31
Low
13.51%
Dec 31
Full Year Change
+0.00%
1970 Change
+0.00%

Monthly Breakdown

MonthOpenCloseHighLowChange
Dec13.51%13.51%13.51%13.51%+0.00%

Events During 1971

1971 Nixon Shock (End of Gold Standard)
Stagflation
August 15, 1971

On August 15, 1971, President Nixon announced the United States would no longer convert dollars to gold at $35/oz, ending the Bretton Woods system and ushering in the modern fiat era.

Previous Year
← South Korea CPI Inflation (WEO) in 1970
Next Year
South Korea CPI Inflation (WEO) in 1972→

Related Metrics

Japan CPI Index
1971
India CPI Index
1971
South Korea CPI Index
1971
Indonesia CPI Index
1971
Australia CPI Index
1971
Japan CPI Inflation (WEO)
1971

Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.

← Back to South Korea CPI Inflation (WEO)All yearsMarket events →