Inflation South Korea 1990
Average inflation: 8.6%
Current Inflation
Inflation is very high at 8.6%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 9.4%. The lowest inflation was in January at 7.3%.
- Highest month
- July: 9.4%
- Lowest month
- January: 7.3%
- Difference
- 2.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 13.9%. The lowest price increase was in Transport with an average of 2.6%.
- Highest increase
- Restaurants and hotels: 13.9%
- Lowest increase
- Transport: 2.6%
Historical Context
Current inflation is 3.1% higher than the 5-year average of 5.5%.
- 5-year average
- 5.5%
- 10-year average
- 6.5%
- All-time high (1980)
- 28.6%
- All-time low (1984)
- 2.3%
Trend
Inflation shows an upward trend. Compared to 1989, inflation has risen by +2.9 percentage point.
- Change vs. previous year
- +2.9 percentage points
- Largest monthly swing
- December: +4.2 percentage points
ECB Target
Inflation is 6.6% 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 €108.60 next year at this inflation rate.
Multi-year trend
Monthly figures 1990
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1989 |
|---|---|---|
| January | 7.3% | +0.5 |
| February | 7.6% | +2.2 |
| March | 8.0% | +3.4 |
| April | 8.7% | +3.5 |
| May | 8.6% | +2.6 |
| June | 8.9% | +3.4 |
| July | 9.4% | +4.1 |
| August | 9.0% | +3.5 |
| September | 8.6% | +2.4 |
| October | 8.7% | +2.0 |
| November | 8.6% | +2.5 |
| December | 9.3% | +4.2 |
| Average | 8.6% |
Data source
Data from OECD. Last updated: 11/01/2026.