Inflation South Korea 1993
Average inflation: 4.8%
Current Inflation
Inflation is high at 4.8%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 5.8%. The lowest inflation was in July at 4.3%.
- Highest month
- December: 5.8%
- Lowest month
- July: 4.3%
- Difference
- 1.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Education with an average of 10.4%. The lowest price increase was in Communication with an average of -0.6%.
- Highest increase
- Education: 10.4%
- Lowest increase
- Communication: -0.6%
Historical Context
Current inflation is 2.1% lower than the 5-year average of 6.9%.
- 5-year average
- 6.9%
- 10-year average
- 5.3%
- All-time high (1980)
- 28.6%
- All-time low (1984)
- 2.3%
Trend
Inflation shows a downward trend. Compared to 1992, inflation has fallen by +1.5 percentage point.
- Change vs. previous year
- -1.5 percentage points
- Largest monthly swing
- January: -3.2 percentage points
ECB Target
Inflation is 2.8% 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 €104.80 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| January | 4.5% | -3.2 |
| February | 4.6% | -2.4 |
| March | 4.8% | -2.0 |
| April | 4.8% | -2.1 |
| May | 4.5% | -2.8 |
| June | 4.8% | -2.0 |
| July | 4.3% | -2.3 |
| August | 4.4% | -1.5 |
| September | 4.6% | -1.1 |
| October | 5.1% | -0.3 |
| November | 5.5% | +1.1 |
| December | 5.8% | +1.3 |
| Average | 4.8% |
Data source
Data from OECD. Last updated: 11/01/2026.