Inflation South Korea 1987
Average inflation: 3.1%
Current Inflation
Inflation is high at 3.1%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 6.1%. The lowest inflation was in February at 0.5%.
- Highest month
- December: 6.1%
- Lowest month
- February: 0.5%
- Difference
- 5.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 5.7%. The lowest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 1.4%.
- Highest increase
- Education: 5.7%
- Lowest increase
- Alcoholic beverages, tobacco and narcotics: 1.4%
Historical Context
Current inflation is around the 5-year average of 2.8%.
- 5-year average
- 2.8%
- 10-year average
- 3.6%
- All-time high (1982)
- 7.3%
- All-time low (1984)
- 2.3%
Trend
Inflation has remained relatively stable. Compared to 1986, the difference is minimal (+0.3 percentage point).
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- December: +4.7 percentage points
ECB Target
Inflation is 1.1% 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 €103.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1987
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1986 |
|---|---|---|
| January | 0.9% | -2.8 |
| February | 0.5% | -3.0 |
| March | 1.1% | -2.5 |
| April | 1.8% | -1.6 |
| May | 2.7% | -0.6 |
| June | 2.8% | -0.2 |
| July | 2.4% | -0.7 |
| August | 4.0% | +1.2 |
| September | 4.1% | +1.8 |
| October | 5.2% | +4.2 |
| November | 5.2% | +3.2 |
| December | 6.1% | +4.7 |
| Average | 3.1% |
Data source
Data from OECD. Last updated: 13/01/2026.