Inflation South Korea 1982

Average inflation: 7.3%

Current Inflation

Inflation is very high at 7.3%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 12.4%. The lowest inflation was in September at 3.9%.

Highest month
January: 12.4%
Lowest month
September: 3.9%
Difference
8.5 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 10.7% lower than the 5-year average of 18.0%. This approaches the lowest level since records began (7.3% in 1982).

5-year average
18%
10-year average
17.6%
All-time high (1980)
28.6%
All-time low (1982)
7.3%

Trend

Inflation shows a downward trend. Compared to 1981, inflation has fallen by +14.3 percentage point.

Change vs. previous year
-14.3 percentage points
Largest monthly swing
September: -18.0 percentage points

ECB Target

Inflation is 5.3% 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 €107.30 next year at this inflation rate.

Multi-year trend

Monthly figures 1982

Month overview

Month Inflation Difference vs. 1981
January 12.4% -16.4
February 12.1% -12.3
March 11.0% -11.3
April 10.2% -12.2
May 8.6% -12.7
June 6.4% -16.8
July 5.6% -17.8
August 4.8% -17.8
September 3.9% -18.0
October 3.9% -14.4
November 4.2% -12.4
December 4.8% -8.9
Average 7.3%

Data source

Data from OECD. Last updated: 24/11/2025.

See also