South Korean inflation rate
South Korea inflation summary for March 2026
Updated: April 2, 2026
Next update: May 6, 2026
Current South Korea inflation rate
March 2026
2.16%
The Consumer Price Index for Republic of Korea is 118.8 for the month of March 2026. The inflation rate year over year is 2.16% (compared to 2.00% for the previous month). Inflation from February 2026 to March 2026 was 0.34%.
Previous South Korea Inflation Rate
February 2026
2.00%
Month-to-Month South Korea Inflation Rate
February 2026 to March 2026
0.34%
Recent inflation rates for South Korea
| Year | jan | feb | mar | apr | may | jun | jul | aug | sep | oct | nov | dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.01% | 2.00% | 2.16% | ||||||||||
| 2025 | 2.26% | 2.03% | 2.06% | 2.10% | 1.90% | 2.17% | 2.09% | 1.67% | 2.10% | 2.38% | 2.45% | 2.31% | 2.13% |
| 2024 | 2.80% | 3.12% | 3.09% | 2.91% | 2.67% | 2.41% | 2.55% | 2.01% | 1.61% | 1.26% | 1.54% | 1.95% | 2.32% |
| 2023 | 4.98% | 4.66% | 4.17% | 3.69% | 3.38% | 2.73% | 2.35% | 3.36% | 3.68% | 3.76% | 3.30% | 3.16% | 3.59% |
| 2022 | 3.77% | 3.78% | 4.18% | 4.76% | 5.34% | 6.04% | 6.33% | 5.72% | 5.48% | 5.62% | 5.01% | 5.02% | 5.09% |
Additional resources
All inflation rates are calculated using the South Korea Consumer Price Index (CPI) series.