South Korea’s Inflation Cools to Five-Year Low

South Korea’s inflation cools to five-year low

Consumer prices rose 2.1% over the year, marginally above the Bank of Korea’s 2% target but well down from the peaks seen earlier in the decade, according to official data.

Korea's consumer prices up 2.1% in 2025, lowest in 5 years

Korea's inflationary pressure eased to the lowest level in five years in 2025, following the sharpest price growth in decades during the post-pandemic period, government data showed Wednesday. Consumer prices, a key gauge of inflation, increased 2.1 percent on-year this year, slightly above the Bank of Korea's inflation target of 2 percent, according to the data from the Ministry of Data and Statistics. The figure marks the lowest annual level s…

South Korea 2025 consumer inflation roughly in line with central bank target

SEOUL, Dec 31 : South Korea’s consumer inflation for 2025 slowed to 2.1 per cent from 2.3 per cent in 2024, official data showed on Wednesday, roughly in line ‌with the Bank of ‌Korea’s target of 2 per cent to potentially bolster the case for the bank to pause interest rates at the current level for longer. The ‍Bank of Korea on November 27 kept interest rates unchanged at 2.50 per cent for a fourth straight meeting ​and signaled the ‌bank could…