Inflation South Korea 2012
Average inflation: 2.2%
Current Inflation
Inflation is normal at 2.2%, around the ECB target.
Peak and Trough
The highest inflation was in January at 3.3%. The lowest inflation was in August at 1.3%.
- Highest month
- January: 3.3%
- Lowest month
- August: 1.3%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Clothing and footwear with an average of 4.8%. The lowest price increase was in Miscellaneous goods and services with an average of -3.3%.
- Highest increase
- Clothing and footwear: 4.8%
- Lowest increase
- Miscellaneous goods and services: -3.3%
Historical Context
Current inflation is 1.1% lower than the 5-year average of 3.3%.
- 5-year average
- 3.3%
- 10-year average
- 3.1%
- All-time high (1998)
- 7.5%
- All-time low (1999)
- 0.8%
Trend
Inflation has remained relatively stable. Compared to 2011, the difference is minimal (-1.8 percentage point).
- Change vs. previous year
- -1.8 percentage points
- Largest monthly swing
- August: -3.4 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 €102.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 3.3% | -0.1 |
| February | 3.0% | -0.9 |
| March | 2.7% | -1.4 |
| April | 2.6% | -1.2 |
| May | 2.5% | -1.4 |
| June | 2.2% | -2.0 |
| July | 1.5% | -3.0 |
| August | 1.3% | -3.4 |
| September | 2.1% | -1.7 |
| October | 2.1% | -1.5 |
| November | 1.6% | -2.6 |
| December | 1.4% | -2.8 |
| Average | 2.2% |
Data source
Data from OECD. Last updated: 11/01/2026.