Makrognosis

South Korea Core Inflation Rate

MonthlyNot seasonally adjustedCode KR.CPICORE.M.NSA

Latest (y/y)2.8%October 2026
Previous (y/y)2.8%September 2026
Level117.0October 2026

South Korea Core Inflation Rate was up 2.8% year on year in October 2026, compared with 2.8% in September 2026.

The level stood at 117.0 (index 2020=100).

Among the 50 economies Makrognosis covers on this measure, it is the 20th lowest.

Over the past ten years it has ranged from −0.3% (Oct 2020) to 4.2% (Nov 2022), averaging 1.9%.

South Korea Core Inflation Rate, annual % change, Jan 1991 – Oct 2026−2%0%2%4%6%8%10%1995200020052010201520202025Robomacro
South Korea Core Inflation Rate, annual % change, Jan 1991 – Oct 2026. Source: Bank of Korea.
South Korea Core Inflation Rate, level (index 2020=100)40608010012019901995200020052010201520202025Robomacro
South Korea Core Inflation Rate, level (index 2020=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
October 2026117.02.8
September 2026116.52.8
August 2026116.63.4
July 2026116.42.6
June 2026116.02.5
May 2026116.02.5
April 2026115.42.2
March 2026115.02.2
February 2026114.92.3
January 2026114.42.0
December 2025113.82.0
November 2025113.62.0
October 2025113.82.2
September 2025113.42.0
August 2025112.81.3
July 2025113.52.0
June 2025113.22.0
May 2025113.12.0
April 2025112.92.1
March 2025112.51.9
February 2025112.31.8
January 2025112.11.9
December 2024111.61.8
November 2024111.41.9

Last 24 observations. The full history (442 observations) is available through the API.

Get South Korea Core Inflation Rate in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.CPICORE.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.CPICORE.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationJanuary 1990
Observations442
FrequencyMonthly
Unitsindex 2020=100
AdjustmentNot seasonally adjusted
10-year high4.2% (Nov 2022)
10-year low−0.3% (Oct 2020)
10-year average1.9%
Source agencyBank of Korea
Makrognosis codeKR.CPICORE.M.NSA

Core Inflation Rate: how South Korea compares

#EconomyPeriodLatest
1ArgentinaSep 202631.6%
2TurkeyOct 202628.5%
3RomaniaSep 20267.0%
4IcelandSep 20266.8%
5KosovoSep 20266.2%
26Czech RepublicSep 20263.0%
27AustriaOct 20262.9%
28PolandSep 20262.9%
29IrelandOct 20262.9%
30SlovakiaOct 20262.8%
31South KoreaOct 20262.8%
32United KingdomSep 20262.8%
33BelgiumOct 20262.7%
34NorwayOct 20262.7%
35MaltaOct 20262.4%
36AlbaniaSep 20262.4%
37GermanyOct 20262.3%

Core Inflation Rate by country: all 50 economies ranked →

Other South Korea indicators

South Korea GDP (Gross Domestic Product)South Korea Korea: GDP at market prices, SA, current prices (BOK ECOS)South Korea Inflation Rate (CPI)South Korea Unemployment RateSouth Korea 10-Year Government Bond YieldSouth Korea Credit Rating & Sovereign Risk ScoreSouth Korea Industrial ProductionSouth Korea Korea industrial production index, original (not seasonally adjusted), 2020=100 (KOSTAT via BOK ECOS)South Korea Producer Price Inflation (PPI)South Korea Korea: Current Account, monthly, NSA (BOK ECOS, USD mn)South Korea Korea: Current Account, monthly, SA (BOK ECOS, USD mn)South Korea Korea: Exports of Goods (Korea Customs Service final, BOK ECOS 901Y092 E100; thousand USD x 0.001 = USD mn)South Korea Korea: Imports of Goods (Korea Customs Service final, BOK ECOS 901Y092 I100; thousand USD x 0.001 = USD mn)South Korea Korea consumer sentiment index (KOSTAT via BOK ECOS 511Y002 FME 99988)South Korea M2 Money StockSouth Korea Capacity Utilization

FAQ

What is the current core Inflation Rate in South Korea?
The latest reading is 2.8% year on year for October 2026, published by Bank of Korea.
Where does this data come from?
It is collected directly from Bank of Korea and is available through the Makrognosis API under the code KR.CPICORE.M.NSA.

Last updated 2026-11-04. Source: Bank of Korea. Original title: “Korea: Core CPI ex Food & Energy (KOSTAT, 2020=100)”.