Cost of food in South Korea increased 0.30 percent in April of 2026 over the same month in the previous year. Food Inflation in South Korea averaged 11.73 percent from 1970 until 2026, reaching an all time high of 103.86 percent in April of 1983 and a record low of -4.50 percent in February of 1987. source: Statistics Korea
Food Inflation in South Korea is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Food Inflation is projected to trend around 2.00 percent in 2027, according to our econometric models.