South Korea’s import prices rose 17.6% year-over-year in September 2026, accelerating from a 15.6% increase in August. Price gains were led by raw materials, which climbed 39.3%, while intermediate goods prices rose 14.3%. In contrast, capital goods prices fell 1.5% and consumer goods prices edged down 0.4%. By economic sector, mining product prices surged 43.6%. Manufactured goods prices rose 9%, led by a 44.4% increase in coal and petroleum products. Meanwhile, prices of agricultural, forestry, and marine products increased 2.7%. The Import Price Index rose 1.7% month-over-month. The Import Volume Index increased 11.1% year-over-year, while the Net Barter Terms of Trade Index rose 25.4%. source: The Bank of Korea
Import Prices YoY in South Korea increased to 17.60 percent in September from 15.90 percent in August of 2026. Import Prices YoY in South Korea averaged 6.86 percent from 1972 until 2026, reaching an all time high of 64.80 percent in February of 1980 and a record low of -29.90 percent in February of 1999. This page includes a chart with historical data for South Korea Import Prices YoY. South Korea Import Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Import Prices YoY in South Korea increased to 17.60 percent in September from 15.90 percent in August of 2026. Import Prices YoY in South Korea is expected to be 10.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Import Prices YoY is projected to trend around 3.00 percent in 2027 and 2.00 percent in 2028, according to our econometric models.