Inflation South Korea 2000

Average inflation: 2.3%

Current Inflation

Inflation is normal at 2.3%, around the ECB target.

Peak and Trough

The highest inflation was in September at 3.5%. The lowest inflation was in May at 1.1%.

Highest month
September: 3.5%
Lowest month
May: 1.1%
Difference
2.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Health with an average of 7.3%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -2.5%.

Highest increase
Health: 7.3%
Lowest increase
Furnishings, household equipment and maintenance: -2.5%

Historical Context

Current inflation is 1.7% lower than the 5-year average of 4.0%.

5-year average
4%
10-year average
5.1%
All-time high (1981)
21.6%
All-time low (1999)
0.8%

Trend

Inflation shows a downward trend. Compared to 1999, inflation has fallen by +1.5 percentage point.

Change vs. previous year
+1.5 percentage points
Largest monthly swing
July: +2.7 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2000

Inflation by category

Food and non-alcoholic beverages
0.8%
-1.5vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
0.8%
-1.5vs avg.
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Clothing and footwear
1.5%
-0.8vs avg.
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Housing, water, electricity, gas and other fuels
3.7%
+1.4vs avg.
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Furnishings, household equipment and maintenance
-2.5%
-4.8vs avg.
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Health
7.3%
+5.0vs avg.
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Transport
4.4%
+2.1vs avg.
More details →
Communication
-2.3%
-4.6vs avg.
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Recreation and culture
-1.0%
-3.3vs avg.
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Education
5.0%
+2.7vs avg.
More details →
Restaurants and hotels
0.9%
-1.4vs avg.
More details →
Miscellaneous goods and services
1.2%
-1.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 1999
January 1.9% +0.4
February 1.8% +1.6
March 2.1% +1.6
April 1.4% +1.0
May 1.1% +0.3
June 2.2% +1.6
July 3.0% +2.7
August 2.4% +1.5
September 3.5% +2.7
October 2.6% +1.4
November 2.2% +0.8
December 2.8% +1.4
Average 2.3%

Data source

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

See also