Inflation rate South Korea 2024, by item

Published by L. Yoon, Feb 4, 2025

In 2024, the inflation rate in South Korea was about 2.3 percent. Other goods and services experienced the fastest price increase at about 4.1 percent, while food and non-alcoholic beverages followed with a price increase of around 3.9 percent.

Annual inflation rate for the Consumer Price Index (CPI) in South Korea in 2024, by item

© Statista 2025
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

January 2025

Region

South Korea

Survey time period

2024

Special properties

Year-over-year change in the Consumer Price Index

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Inflation in South Korea "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Inflation in South Korea

Inflation rates

5

Inflation by category

4

Consumer Price Index (CPI)

3

CPI by category

8

Producer Price Index (PPI)

4

Public perception

3

Further Content: You might find this interesting as well

Topics

Key economic indicators of South KoreaUnemployment in South KoreaEconomic impact of the coronavirus (COVID-19) in South KoreaGig economy in South KoreaExports from South Korea
All features, all contents, at all times: Learn more about our professional solutions.

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.