Inflation South Korea 1980
Average inflation: 28.6%
Current Inflation
Inflation is very high at 28.6%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 32.5%. The lowest inflation was in January at 25.4%.
- Highest month
- October: 32.5%
- Lowest month
- January: 25.4%
- Difference
- 7.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 11.2% higher than the 5-year average of 17.4%. This approaches the highest level since records began (28.6% in 1980).
- 5-year average
- 17.4%
- 10-year average
- 18.7%
- All-time high (1980)
- 28.6%
- All-time low (1977)
- 10.1%
Trend
Inflation shows an upward trend. Compared to 1979, inflation has risen by +10.3 percentage point.
- Change vs. previous year
- +10.3 percentage points
- Largest monthly swing
- October: +14.9 percentage points
ECB Target
Inflation is 26.6% 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 €128.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1980
Month overview
| Month | Inflation | Difference vs. 1979 |
|---|---|---|
| January | 25.4% | +11.3 |
| February | 26.4% | +10.7 |
| March | 28.8% | +12.5 |
| April | 26.6% | +7.3 |
| May | 26.7% | +4.9 |
| June | 27.0% | +7.4 |
| July | 27.5% | +9.0 |
| August | 29.2% | +10.6 |
| September | 29.8% | +11.9 |
| October | 32.5% | +14.9 |
| November | 31.3% | +12.5 |
| December | 32.2% | +11.0 |
| Average | 28.6% |
Data source
Data from OECD. Last updated: 24/11/2025.