Consumer prices in South Korea rose by 0.3% month-over-month in September 2026, marking the fastest rise since May and accelerating from 0.2% in 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. source: Statistics Korea

The Consumer Price Index in South Korea increased 0.30 percent in September of 2026 over the previous month.

The Consumer Price Index in South Korea increased 0.30 percent in September of 2026 over the previous month. Inflation Rate MoM in South Korea is expected to be 0.20 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-01 11:00 PM
Inflation Rate MoM
Aug 0.2% -0.2% 0.3% 0.2%
2026-10-01 11:00 PM
Inflation Rate MoM
Sep 0.3% 0.2% 0.4% 0.3%
2026-11-02 11:00 PM
Inflation Rate MoM
Oct 0.3% 0.3%


Related Last Previous Unit Reference
CPI 120.43 120.05 points Sep 2026
Core Consumer Prices 118.71 118.42 points Sep 2026
Core Inflation Rate 2.70 3.10 percent Sep 2026
CPI Clothing 119.74 119.72 points Sep 2026
CPI Education 110.34 110.30 points Sep 2026
CPI Food 130.09 128.20 points Sep 2026
CPI Health 107.22 107.04 points Sep 2026
CPI Housing Utilities 118.93 117.59 points Sep 2026
CPI Recreation and Culture 115.93 115.80 points Sep 2026
CPI Restaurants and Hotels 128.52 129.03 points Sep 2026
CPI Transportation 124.13 124.63 points Sep 2026
Food Inflation 1.00 -0.50 percent Sep 2026
Inflation Rate YoY 2.90 3.10 percent Sep 2026
Inflation Rate MoM 0.30 0.20 percent Sep 2026


South Korea Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 5.30 -2.50 1965 - 2026 percent Monthly
NSA