South Korea Inflation Rate
2.8%▼ −0.37 pt
Jul 2026 · Monthly
South Korea's annual inflation rate fell to 2.79% in July 2026 from 3.16% in the prior month. The reading remained below the all-time high of 122.10% recorded in October 1952. The series dates back to August 1952.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.8% | 3.2% | 122.1%Oct 1952 | -12.0%Apr 1958 | 1952 – 2026 | Monthly |
About this series
Inflation Rate in South Korea averaged 3.4% from 1952 until 2026, reaching an all-time high of 122.1% in Oct 1952 and a record low of -12.0% in Apr 1958. The series is reported monthly with history from 1952.
The inflation rate measures the year-over-year change in the consumer price index for South Korea. It is reported monthly as a percentage. The series spans from August 1952 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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