Inflation South Korea 2001

Average inflation: 4.1%

Current Inflation

Inflation is high at 4.1%, well above the ECB target.

Peak and Trough

The highest inflation was in May at 5.3%. The lowest inflation was in December at 3.2%.

Highest month
May: 5.3%
Lowest month
December: 3.2%
Difference
2.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Health with an average of 11.5%. The lowest price increase was in Communication with an average of -3.0%.

Highest increase
Health: 11.5%
Lowest increase
Communication: -3.0%

Historical Context

Current inflation is around the 5-year average of 3.8%.

5-year average
3.8%
10-year average
4.6%
All-time high (1991)
9.3%
All-time low (1999)
0.8%

Trend

Inflation shows an upward trend. Compared to 2000, inflation has risen by +1.8 percentage point.

Change vs. previous year
+1.8 percentage points
Largest monthly swing
May: +4.2 percentage points

ECB Target

Inflation is 2.1% 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 €104.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2001

Inflation by category

Food and non-alcoholic beverages
5.1%
+1.0vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
5.0%
+0.9vs avg.
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Clothing and footwear
2.9%
-1.1vs avg.
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Housing, water, electricity, gas and other fuels
6.0%
+1.9vs avg.
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Furnishings, household equipment and maintenance
1.9%
-2.2vs avg.
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Health
11.5%
+7.4vs avg.
More details →
Transport
4.0%
-0.0vs avg.
More details →
Communication
-3.0%
-7.1vs avg.
More details →
Recreation and culture
-0.4%
-4.5vs avg.
More details →
Education
4.6%
+0.5vs avg.
More details →
Restaurants and hotels
1.8%
-2.3vs avg.
More details →
Miscellaneous goods and services
4.0%
-0.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2000
January 3.4% +1.5
February 3.6% +1.8
March 4.0% +1.9
April 4.8% +3.4
May 5.3% +4.2
June 5.0% +2.8
July 4.8% +1.8
August 4.7% +2.3
September 3.3% -0.2
October 3.4% +0.8
November 3.4% +1.2
December 3.2% +0.4
Average 4.1%

Data source

Data from OECD. Last updated: 13/01/2026.

See also