Tag: consumer prices

consumer prices

Latest News

A blurred passerby walks beside a storefront displaying white wedding dresses in Seoul.

Holy matri-money!

The average cost of venues, photography, dresses and makeup reached 21.74 million won in September and is expected to remain high through November.

2026.10.12

Korea’s real wages fall for fourth month as inflation outpaces pay

July real wages declined 0.3 percent as consumer prices rose faster than nominal pay, with temporary workers and small-business employees facing sharper pressure.

2026.9.30

Forbiddenly priced fruit

People shop at a traditional market in Seoul on Sept. 16.

2026.9.16

Hana backs 60-egg packs at 9,990 won nationwide

The financial group will help supply 120,000 trays of 60 eggs for 9,990 won ($7.3) to support consumers and small retailers amid rising food prices.

2026.9.6

Inflation expected to continue despite U.S.-Iran peace deal: BOK

Although the United States and Iran reached an agreement to end the Middle East conflict, the Bank of Korea (BOK) warned that Korea is expected to continue facing elevated consumer prices due to the technology industry boom.

2026.6.17

Bananas are displayed at a supermarket in Seoul on March 5. [YONHAP]

Consumer prices rise 2% in February, on gov't target for 2nd straight month

Korea's consumer prices rose 2 percent from a year earlier in February, unchanged from the previous month and precisely meeting the inflation target, government data showed Friday.

2026.3.6

Finance Minister Koo Yun-cheol speaks during the meeting of a ministerial-level task force aimed at stabilizing consumer prices held at the government complex in Seoul on Feb. 11. [YONHAP]

Gov't launches task force to manage prices directly affecting people's livelihoods

The government on Wednesday launched a ministerial-level task force aimed at stabilizing consumer prices, particularly those directly affecting people's livelihoods, such as foodstuffs.

2026.2.11

People are seen shopping for groceries at a large supermarket in Seocho District, southern Seoul on Feb. 2. [NEWS1]

Consumer prices rise 2% in January, slowest pace in 5 months

Korea's consumer prices rose at the slowest pace in five months in January, partly helped by the steady prices of petroleum products, government data showed Tuesday.

2026.2.3

A driver refuels a car at a gas station in Seoul on Dec. 31, 2025. [YONHAP]

Korea expands energy bill relief as inflation pressures persist

Korea’s consumer inflation slowed to 2.1 percent last year, the weakest pace in five years, official data showed on Wednesday, though rising food and energy prices driven by a weak won continued to strain household budgets.

2026.1.1

Lee Doo-won, director-general for economic trends statistics at the Ministry of Data and Statistics, speaks atthe Government Complex Sejong in Sejong on Dec. 2. [NEWS1]

Prices rise 2.4% in November as weak won sends petroleum, food costs soaring

Korea’s consumer prices rose 2.4 percent in November from a year earlier, posting the highest on-year increase of 2025 for a second consecutive month as the weakness of the won sent the prices of imported products soaring.

2025.12.2

Tag: consumer prices

consumer prices

Latest News

Holy matri-money!

Korea’s real wages fall for fourth month as inflation outpaces pay

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