Inflation South Korea 1976
Average inflation: 15.7%
Current Inflation
Inflation is very high at 15.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 23.0%. The lowest inflation was in October at 8.7%.
- Highest month
- January: 23.0%
- Lowest month
- October: 8.7%
- Difference
- 14.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 4.7% lower than the 5-year average of 20.4%. This approaches the lowest level since records began (15.7% in 1976).
- 5-year average
- 20.4%
- 10-year average
- 20.4%
- All-time high (1975)
- 25.1%
- All-time low (1976)
- 15.7%
Trend
Inflation shows a downward trend. Compared to 1975, inflation has fallen by +9.4 percentage point.
- Change vs. previous year
- -9.4 percentage points
- Largest monthly swing
- October: -21.8 percentage points
ECB Target
Inflation is 13.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €115.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1976
Month overview
| Month | Inflation | Difference vs. 1975 |
|---|---|---|
| January | 23.0% | -2.4 |
| February | 22.2% | +0.9 |
| March | 22.0% | +2.9 |
| April | 19.5% | -1.1 |
| May | 16.1% | -8.2 |
| June | 15.7% | -11.2 |
| July | 15.8% | -10.7 |
| August | 14.5% | -10.8 |
| September | 11.5% | -16.0 |
| October | 8.7% | -21.8 |
| November | 9.5% | -18.3 |
| December | 9.6% | -16.9 |
| Average | 15.7% |
Data source
Data from OECD. Last updated: 24/11/2025.