Consumer prices rise 2.4% in October, fastest pace in 15 months

04.11.25 00:22 Uhr

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South Korea's consumer prices grew at the fastest pace in over a year in October, government data showed Tuesday. Consumer prices, a key gauge of inflation, increased 2.4 percent from a year earlier last month, according to the data from the Ministry of Data and Statistics. It marks the largest on-year increase since July 2024, when inflation climbed 2.6 percent. In 2025, inflation had remained above the Bank of Korea's 2 percent target for four consecutive months through April before slowing to 1.9 percent in May. It then climbed again, staying above 2 percent in both June and July before briefly slowing to 1.7 percent in August and again climbing over 2 percent in September.Weiter zum vollständigen Artikel bei Korea Times

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