Inflation South Korea 2015
Average inflation: 0.7%
Current Inflation
Inflation is very low at 0.7%, well below the ECB target.
Peak and Trough
The highest inflation was in December at 1.1%. The lowest inflation was in April at 0.4%.
- Highest month
- December: 1.1%
- Lowest month
- April: 0.4%
- Difference
- 0.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 50.1%. The lowest price increase was in Transport with an average of -7.8%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 50.1%
- Lowest increase
- Transport: -7.8%
Historical Context
Current inflation is 1.2% lower than the 5-year average of 1.9%. This approaches the lowest level since records began (0.7% in 2015).
- 5-year average
- 1.9%
- 10-year average
- 2.5%
- All-time high (1998)
- 7.5%
- All-time low (2015)
- 0.7%
Trend
Inflation has remained relatively stable. Compared to 2014, the difference is minimal (-0.6 percentage point).
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- April: -1.1 percentage points
ECB Target
Inflation is 1.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | 1.0% | -0.1 |
| February | 0.6% | -0.4 |
| March | 0.5% | -0.8 |
| April | 0.4% | -1.1 |
| May | 0.6% | -1.1 |
| June | 0.7% | -1.0 |
| July | 0.7% | -0.9 |
| August | 0.7% | -0.7 |
| September | 0.5% | -0.6 |
| October | 0.8% | -0.3 |
| November | 0.8% | -0.2 |
| December | 1.1% | +0.3 |
| Average | 0.7% |
Data source
Data from OECD. Last updated: 11/01/2026.