Inflation South Korea 1995

Average inflation: 4.5%

Current Inflation

Inflation is high at 4.5%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 5.2%. The lowest inflation was in August at 3.4%.

Highest month
January: 5.2%
Lowest month
August: 3.4%
Difference
1.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 13.3%. The lowest price increase was in Communication with an average of -2.3%.

Highest increase
Education: 13.3%
Lowest increase
Communication: -2.3%

Historical Context

Current inflation is 1.7% lower than the 5-year average of 6.2%.

5-year average
6.2%
10-year average
5.9%
All-time high (1980)
28.6%
All-time low (1984)
2.3%

Trend

Inflation has remained relatively stable. Compared to 1994, the difference is minimal (-1.8 percentage point).

Change vs. previous year
-1.8 percentage points
Largest monthly swing
August: -4.0 percentage points

ECB Target

Inflation is 2.5% 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 €104.50 next year at this inflation rate.

Multi-year trend

Monthly figures 1995

Inflation by category

Food and non-alcoholic beverages
3.1%
-1.4vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.2%
-2.3vs avg.
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Clothing and footwear
1.7%
-2.8vs avg.
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Housing, water, electricity, gas and other fuels
4.3%
-0.2vs avg.
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Furnishings, household equipment and maintenance
1.9%
-2.6vs avg.
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Health
5.5%
+1.0vs avg.
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Transport
6.2%
+1.7vs avg.
More details →
Communication
-2.3%
-6.8vs avg.
More details →
Recreation and culture
3.6%
-0.9vs avg.
More details →
Education
13.3%
+8.8vs avg.
More details →
Restaurants and hotels
5.5%
+1.0vs avg.
More details →
Miscellaneous goods and services
3.2%
-1.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1994
January 5.2% -1.2
February 4.5% -2.3
March 4.6% -1.8
April 5.1% -0.8
May 5.2% -0.5
June 4.2% -1.7
July 3.6% -3.3
August 3.4% -4.0
September 4.7% -1.8
October 4.5% -1.3
November 4.1% -2.0
December 4.8% -0.8
Average 4.5%

Data source

Data from OECD. Last updated: 11/01/2026.

See also