Inflation South Korea 1992
Average inflation: 6.3%
Current Inflation
Inflation is very high at 6.3%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 7.7%. The lowest inflation was in November at 4.4%.
- Highest month
- January: 7.7%
- Lowest month
- November: 4.4%
- Difference
- 3.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 10.7%. The lowest price increase was in Communication with an average of -0.2%.
- Highest increase
- Education: 10.7%
- Lowest increase
- Communication: -0.2%
Historical Context
Current inflation is 1.1% lower than the 5-year average of 7.4%.
- 5-year average
- 7.4%
- 10-year average
- 5.1%
- All-time high (1980)
- 28.6%
- All-time low (1984)
- 2.3%
Trend
Inflation shows a downward trend. Compared to 1991, inflation has fallen by +3.0 percentage point.
- Change vs. previous year
- -3.0 percentage points
- Largest monthly swing
- November: -5.3 percentage points
ECB Target
Inflation is 4.3% 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 €106.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1992
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1991 |
|---|---|---|
| January | 7.7% | -1.5 |
| February | 7.0% | -2.9 |
| March | 6.8% | -3.3 |
| April | 6.9% | -2.5 |
| May | 7.3% | -1.2 |
| June | 6.8% | -1.9 |
| July | 6.6% | -2.4 |
| August | 5.9% | -3.6 |
| September | 5.7% | -3.7 |
| October | 5.4% | -3.9 |
| November | 4.4% | -5.3 |
| December | 4.5% | -4.8 |
| Average | 6.3% |
Data source
Data from OECD. Last updated: 13/01/2026.