Inflation South Korea 2010
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in October at 3.7%. The lowest inflation was in March at 2.5%.
- Highest month
- October: 3.7%
- Lowest month
- March: 2.5%
- Difference
- 1.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 6.4%. The lowest price increase was in Communication with an average of -0.9%.
- Highest increase
- Food and non-alcoholic beverages: 6.4%
- Lowest increase
- Communication: -0.9%
Historical Context
Current inflation is around the 5-year average of 3.0%.
- 5-year average
- 3%
- 10-year average
- 3.2%
- All-time high (1991)
- 9.3%
- All-time low (1999)
- 0.8%
Trend
Inflation shows a downward trend. Compared to 2009, inflation has fallen by +0.1 percentage point.
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- October: +1.7 percentage points
ECB Target
Inflation is 0.9% 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 €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2010
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2009 |
|---|---|---|
| January | 3.5% | -0.2 |
| February | 3.0% | -1.1 |
| March | 2.5% | -1.4 |
| April | 2.6% | -1.0 |
| May | 2.7% | 0.0 |
| June | 2.7% | +0.7 |
| July | 2.5% | +0.9 |
| August | 2.7% | +0.5 |
| September | 3.4% | +1.2 |
| October | 3.7% | +1.7 |
| November | 3.0% | +0.6 |
| December | 3.0% | +0.2 |
| Average | 2.9% |
Data source
Data from OECD. Last updated: 11/01/2026.