The Consumer Price Index in South Korea unexpectedly decreased 0.20 percent in July of 2026 over the previous month, compared with market forecasts of a 0.1% rise, marking the first monthly decline since November 2025, due to lower transport, food, and housing prices. source: Statistics Korea
The Consumer Price Index in South Korea decreased 0.20 percent in July of 2026 over the previous month. Inflation Rate MoM in South Korea averaged 0.53 percent from 1965 until 2026, reaching an all time high of 5.30 percent in February of 1974 and a record low of -2.50 percent in November of 1966. This page provides the latest reported value for - South Korea Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.
The Consumer Price Index in South Korea decreased 0.20 percent in July of 2026 over the previous month. Inflation Rate MoM in South Korea is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Inflation Rate MoM is projected to trend around 0.20 percent in 2027 and 0.30 percent in 2028, according to our econometric models.