Consumer prices in South Korea rise the most in 15 months

VTV.vn - South Korea's CPI in October saw an increase of 2.4% year-on-year - the highest level since July 2024.

Consumer prices in South Korea rise the most in 15 months

According to data released by Statistics Korea on November 4, the country's consumer prices - a key inflation gauge - increased 2.4% in October 2025 compared to the same period last year. This is the sharpest increase since July 2024, when inflation increased 2.6%.

Inflation remained above the Bank of Korea's 2% target for four consecutive months through April before easing to 1.9% in May, according to a report from Statistics Korea.

The index then rebounded, remaining above 2% in June and July before falling to 1.7% in August and rising above 2% again in September. According to Statistics Korea, the main reason for the increase last month was a sharp increase in prices of agricultural, livestock and fishery products, which increased by 2.3%, adding 0.25 percentage points to overall inflation. Notably, pork and mackerel prices increased by 6.1% and 11%, respectively.

Industrial prices rose 3.5% year-on-year in October, while services prices continued to rise at 2.5%. In addition, petroleum product prices rose 4.8%, contributing to the overall inflation increase. Core inflation, which excludes volatile food and energy prices, rose 2.2% in October, accelerating from September's 2% increase.

Source: https://vtv.vn/consumer-price-in-han-quoc-increases-manh-nhat-trong-15-thang-100251104192759438.htm