# South Korea Inflation Rate (CPI)

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%.

- Source agency: KOSIS Korea Statistical Information Service Economy Dashboard
- Makrognosis code: `KR.CPI.M.NSA`
- Frequency: monthly
- Units: index 2020=100
- Coverage: 1996-01-01 to 2026-10-01 (370 observations)
- Page: https://makrognosis.robomacro.com/data/south-korea/inflation-rate-cpi

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| October 2026 | 120.7 | 2.8 |
| September 2026 | 120.4 | 2.9 |
| August 2026 | 120.0 | 3.1 |
| July 2026 | 119.8 | 2.8 |
| June 2026 | 120.0 | 3.2 |
| May 2026 | 119.9 | 3.1 |
| April 2026 | 119.4 | 2.6 |
| March 2026 | 118.8 | 2.2 |
| February 2026 | 118.4 | 2.0 |
| January 2026 | 118.0 | 2.0 |
| December 2025 | 117.6 | 2.3 |
| November 2025 | 117.2 | 2.4 |
| October 2025 | 117.4 | 2.4 |
| September 2025 | 117.1 | 2.1 |
| August 2025 | 116.5 | 1.7 |
| July 2025 | 116.5 | 2.1 |
| June 2025 | 116.3 | 2.2 |
| May 2025 | 116.3 | 1.9 |
| April 2025 | 116.4 | 2.1 |
| March 2025 | 116.3 | 2.1 |
| February 2025 | 116.1 | 2.0 |
| January 2025 | 115.7 | 2.2 |
| December 2024 | 114.9 | 1.9 |
| November 2024 | 114.4 | 1.5 |

## API

```
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"]
```