South Korea’s consumer prices rose by 0.2% month-over-month in August 2026, falling short of market estimates for a 0.3% gain but rebounding from a 0.2% decline in the preceding period. 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. source: Statistics Korea
The Consumer Price Index in South Korea increased 0.20 percent in August of 2026 over the previous month.
The Consumer Price Index in South Korea increased 0.20 percent in August 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.