Makrognosis

South Korea Inflation Rate (CPI)

MonthlyNot seasonally adjustedCode KR.CPI.M.NSA

Latest (y/y)2.8%October 2026
Previous (y/y)2.9%September 2026
Level120.7October 2026

South Korea Inflation Rate (CPI) was up 2.8% year on year in October 2026, compared with 2.9% in September 2026.

The level stood at 120.7 (index 2020=100).

Among the 80 economies Makrognosis covers on this measure, it is the 22nd lowest.

Over the past ten years it has ranged from −0.4% (Sep 2019) to 6.3% (Jul 2022), averaging 2.2%.

South Korea Inflation Rate (CPI), annual % change, Jan 1997 – Oct 2026−2%0%2%4%6%8%10%200020052010201520202025Robomacro
South Korea Inflation Rate (CPI), annual % change, Jan 1997 – Oct 2026. Source: KOSIS Korea Statistical Information Service Economy Dashboard.
South Korea Inflation Rate (CPI), level (index 2020=100)406080100120200020052010201520202025Robomacro
South Korea Inflation Rate (CPI), 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 2026120.72.8
September 2026120.42.9
August 2026120.03.1
July 2026119.82.8
June 2026120.03.2
May 2026119.93.1
April 2026119.42.6
March 2026118.82.2
February 2026118.42.0
January 2026118.02.0
December 2025117.62.3
November 2025117.22.4
October 2025117.42.4
September 2025117.12.1
August 2025116.51.7
July 2025116.52.1
June 2025116.32.2
May 2025116.31.9
April 2025116.42.1
March 2025116.32.1
February 2025116.12.0
January 2025115.72.2
December 2024114.91.9
November 2024114.41.5

Last 24 observations. The full history (370 observations) is available through the API.

Get South Korea Inflation Rate (CPI) 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.CPI.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.CPI.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 1996
Observations370
FrequencyMonthly
Unitsindex 2020=100
AdjustmentNot seasonally adjusted
10-year high6.3% (Jul 2022)
10-year low−0.4% (Sep 2019)
10-year average2.2%
Source agencyKOSIS Korea Statistical Information Service Economy Dashboard
Makrognosis codeKR.CPI.M.NSA

Inflation Rate (CPI): how South Korea compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
54CanadaSep 20263.1%
55LatviaOct 20263.1%
56United StatesSep 20253.0%
57MaltaSep 20262.9%
58SlovakiaOct 20262.9%
59South KoreaOct 20262.8%
60PanamaSep 20262.8%
61GermanyOct 20262.8%
62JordanSep 20262.7%
63AlbaniaSep 20262.7%
64BahamasFeb 20262.7%
65LuxembourgOct 20262.7%

Inflation Rate (CPI) by country: all 80 economies ranked →

More South Korea Inflation Rate (CPI) series

South Korea Korea: 2 Footwear (BOK ECOS)South Korea Korea: 3 Telephone and telefax services (BOK ECOS)South Korea Korea: Accommodation services (BOK ECOS)South Korea Korea: Accommodation services (BOK ECOS)South Korea Korea: Actual rentals for housing (BOK ECOS)South Korea Korea: Agricultural&marineproducts (BOK ECOS)South Korea Korea: Agriculturalproducts (BOK ECOS)South Korea Korea: Alcholic beverages (BOK ECOS)South Korea Korea: Alcholic beverages (BOK ECOS)South Korea Korea: Alcoholic beverages and tobacco (BOK ECOS)South Korea Korea: Allitems (BOK ECOS)South Korea Korea: Audio-visual equipment (BOK ECOS)South Korea Korea: Audio-visual, photographic and information processing equipment (BOK ECOS)South Korea Korea: Books (BOK ECOS)South Korea Korea: Books , newspapers & stationery (BOK ECOS)South Korea Korea: Bread and cereals (BOK ECOS)South Korea Korea: Casual wear (BOK ECOS)South Korea Korea: Catering services (BOK ECOS)South Korea Korea: Catering services (BOK ECOS)South Korea Korea: Cereal (BOK ECOS)

Other South Korea indicators

South Korea GDP (Gross Domestic Product)South Korea Korea: GDP at market prices, SA, current prices (BOK ECOS)South Korea Core Inflation RateSouth 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 inflation Rate (CPI) in South Korea?
The latest reading is 2.8% year on year for October 2026, published by KOSIS Korea Statistical Information Service Economy Dashboard.
Where does this data come from?
It is collected directly from KOSIS Korea Statistical Information Service Economy Dashboard and is available through the Makrognosis API under the code KR.CPI.M.NSA.

Last updated 2026-11-08. Source: KOSIS Korea Statistical Information Service Economy Dashboard. Original title: “Korea: CPI All-Items (KOSTAT, 2020=100)”.