Inflation South Korea 1985

Average inflation: 2.5%

Inflation in 1985

Inflation is normal at 2.5%, around the ECB target.

Peak and Trough

The highest inflation was in October at 3.4%. The lowest inflation was in April at 1.5%.

Highest month
October: 3.4%
Lowest month
April: 1.5%
Difference
1.9 percentage points
Months with data
12 of 12

Historical Context

Inflation is 4.9 percentage points lower than the 5-year average of 7.4%. This approaches the lowest level since records began (2.3% in 1984).

5-year average
7.4%
10-year average
12.4%
All-time high (1980)
28.6%
All-time low (1984)
2.3%

Trend

Over the period 1983-1985, inflation has remained relatively stable. Compared to 1984, inflation has risen by 0.2 percentage points.

Change vs. previous year
+0.2 percentage points
Largest monthly swing
June: +1.3 percentage points

ECB Target

Inflation is 0.5 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for ₩100 this year will cost approximately ₩102 next year at this inflation rate.

Multi-year trend

Monthly figures 1985

Inflation by category

Food and non-alcoholic beverages
3.8%
+1.3 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1984
January 2.1% +0.3
February 1.9% -0.1
March 1.7% -0.3
April 1.5% -1.1
May 2.3% +0.1
June 3.0% +1.3
July 3.0% +1.3
August 2.6% +0.4
September 2.6% -0.6
October 3.4% +0.7
November 2.4% -0.4
December 3.0% +0.6
Average 2.5%

Data source

Data from OECD. Last updated: 17/12/2025.

See also