South Korea Inflation Rate MoM

Month-on-month change in the consumer price index.

Inflation Rate MoM in South Korea increased to 0.32 percent in Sep 2026 from 0.23 percent in Aug 2026.

0.32%
▲ +0.08 ppSep 2026 · previous 0.23%Monthly · percent · Source: OECD — Organisation for Economic Co-operation and Development

South Korea Inflation Rate MoM — History

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South Korea Inflation Rate MoM — analysis in simple words

Latest reading

Inflation Rate MoM in South Korea increased to 0.32 percent in Sep 2026 from 0.23 percent in Aug 2026.

Over the last three months it rose twice and fell once.

Recent trend

A year earlier (Sep 2025) it was 0.52%, so the latest figure is 0.21 percentage points lower.

Over the past five years the average was 0.26%, with a range from -0.52% to 0.89%. The latest value is above that five-year average.

Historical context

This data series starts in Jan 1965 and has 741 monthly observations. The latest reading is higher than 47% of all of them.

The highest value on record is 5.28% (Feb 1974) and the lowest is -2.53% (Nov 1966). The long-run average is 0.53%.

Compared with other countries

Among 44 economies with recent data, South Korea ranks 15th from the top. The median across all these economies is 0.15%, so South Korea is above the typical country.

Among 17 major economies tracked on this site it ranks 9th.

Within East Asia & Pacific (4 economies with data) it ranks 2nd; the regional median is 0.31%.

Statistics

Latest
0.32%Sep 2026
Previous
0.23%
5-year average
0.26%
Long-run average
0.53%since Jan 1965
All-time high
5.28%Feb 1974
All-time low
-2.53%Nov 1966
Observations
741Monthly

Recent Data

PeriodValueChange
Sep 20260.32%▲ +0.08 pp
Aug 20260.23%▲ +0.42 pp
Jul 2026-0.18%▼ −0.24 pp
Jun 20260.06%▼ −0.40 pp
May 20260.46%▼ −0.02 pp
Apr 20260.48%▲ +0.14 pp
Mar 20260.34%▲ +0.02 pp
Feb 20260.31%▼ −0.08 pp
Jan 20260.39%▲ +0.08 pp
Dec 20250.32%▲ +0.50 pp
Nov 2025-0.19%▼ −0.49 pp
Oct 20250.31%▼ −0.22 pp
Sep 20250.52%▲ +0.58 pp
Aug 2025-0.06%▼ −0.24 pp
Jul 20250.18%▲ +0.15 pp
Jun 20250.03%▲ +0.13 pp
May 2025-0.09%▼ −0.17 pp
Apr 20250.08%▼ −0.10 pp
Mar 20250.18%▼ −0.14 pp
Feb 20250.32%▼ −0.38 pp
Jan 20250.70%▲ +0.25 pp
Dec 20240.45%▲ +0.70 pp
Nov 2024-0.25%▼ −0.29 pp
Oct 20240.03%▼ −0.06 pp
Sep 20240.10%▼ −0.26 pp
Aug 20240.36%▲ +0.10 pp
Jul 20240.25%▲ +0.48 pp
Jun 2024-0.23%▼ −0.31 pp
May 20240.08%▲ +0.03 pp
Apr 20240.05%

Inflation Rate MoM — South Korea vs Peers

Latest available reading for each economy (periods may differ). South Korea highlighted.

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More South Korea indicators

Understanding Inflation Rate MoM — a simple guide

What it measures

The change in the consumer price index compared with the previous month.

How it is calculated

(CPI this month ÷ CPI last month − 1) × 100.

Simple example

If the CPI index rose from 200.0 to 200.6, monthly inflation is 0.3%.

▲ When it is high or rising

A high monthly reading shows prices are rising quickly right now.

▼ When it is low or falling

A negative reading means prices fell compared with last month.

Why it matters for the economy and markets

Monthly changes show the latest momentum in prices, months before it fully shows up in the year-on-year rate.

How to read it

Monthly numbers are small: 0.2% a month is about 2.4% a year. Some months are always higher (festivals, harvest effects), so compare the same month across years.

What to look at alongside it

Year-on-year inflation and core inflation.

Key terms

MoM
Month-on-month: compared with the previous month.

Data source

OECD — Organisation for Economic Co-operation and Development (series OECD CPI MoM), monthly data from Jan 1965 to Sep 2026. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current inflation rate mom of South Korea?
South Korea inflation rate mom was 0.32% in Sep 2026, compared with 0.23% in the previous period, according to OECD — Organisation for Economic Co-operation and Development.
What is the highest and lowest inflation rate mom of South Korea?
Since Jan 1965, the highest reading was 5.28% (Feb 1974) and the lowest was -2.53% (Nov 1966).
What does inflation rate mom measure?
The change in the consumer price index compared with the previous month.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.