South Korea Inflation Rate

How much consumer prices are rising compared with a year ago.

2.9%

−0.2pp vs Aug 2026

Sep 2026 · Monthly data

Not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

Explore the full South Korea economy17 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.

Inflation Rate

Jan 2015 to Sep 2026

Source: OECD live prices system · CPI, all items, year on year.

South Korea Inflation Rate in context

Worked out from the published series shown above.

In South Korea, the inflation rate rose by 0.8pp over the year to Sep 2026, from 2.1% in Sep 2025.

Over the past five years it has ranged from 1.3% in Oct 2024 to 6.3% in Jul 2022.

Its average since Jan 2015 is 2.0%, and the latest reading is above that.

South Korea is 45th of 62 countries in our Inflation Rate by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
OECD
Series
live
Frequency
Monthly
Unit
%
Seasonal adjustment
Not seasonally adjusted
Latest observation
Sep 2026
Revision status
Latest published estimate, subject to revision

The Bank of Korea targets 2% inflation.

Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.

More South Korea indicators

Latest readings. Open any one for its full history.

Rankings

See every country we track, side by side.