Inflation South Korea 2025
Average inflation: 2.1%
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Peak and Trough
The highest inflation was in October at 2.4%. The lowest inflation was in August at 1.7%.
- Highest month
- October: 2.4%
- Lowest month
- August: 1.7%
- Difference
- 0.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Miscellaneous goods and services with an average of 4.5%. The lowest price increase was in Communication with an average of -1.0%.
- Highest increase
- Miscellaneous goods and services: 4.5%
- Lowest increase
- Communication: -1.0%
Historical Context
Current inflation is 1.0% lower than the 5-year average of 3.1%.
- 5-year average
- 3.1%
- 10-year average
- 2.1%
- All-time high (2022)
- 5.1%
- All-time low (2019)
- 0.4%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.2 percentage point.
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- February: -1.1 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 €102.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2025
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2024 |
|---|---|---|
| January | 2.2% | -0.6 |
| February | 2.0% | -1.1 |
| March | 2.1% | -1.0 |
| April | 2.1% | -0.8 |
| May | 1.9% | -0.8 |
| June | 2.2% | -0.2 |
| July | 2.1% | -0.5 |
| August | 1.7% | -0.3 |
| September | 2.1% | +0.5 |
| October | 2.4% | +1.1 |
| November | 2.4% | +0.9 |
| December | 2.3% | +0.4 |
| Average | 2.1% |
Data source
Data from OECD. Last updated: 13/01/2026.