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cpi

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Consumer prices rise 2.8% in July due to high oil costs

According to the Ministry of Data and Statistics, the increase slowed from the 3.1 percent and 3.2 percent on-year growths in May and June, respectively.

2026.8.4

People shop at a local super market in Seoul on April 10. [NEWS1]

Inflation builds momentum as Middle East conflict drives up gas and goods prices

Inflation is showing increasingly unstable momentum. Prices, which had been gradually rising since the second half of last year amid weakening won, surged after the outbreak of the Middle East conflict in late February.

2026.4.11

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People shop at a supermarket in New York, the United States, on April 10. Earlier on Friday, the U.S. Bureau of Labor Statistics reported that the consumer price index in March rose 0.9 percent month on month and 3.3 percent year on year, with most of the increase coming from the surge in energy prices. [Xinhua/YONHAP]

U.S. consumer prices soar in March on wartime fuel cost surge

U.S. consumer prices increased by the most in nearly four years in March as the war with Iran led to a record surge in the cost of gasoline and diesel.

2026.4.11

Shoppers browse a market in central Seoul on Jan. 1. [YONHAP]

Inflation where it really hurts

The Ministry of Data and Statistics said the same day that the consumer price index (CPI) for necessities, including food and housing costs, rose 2.4 percent in 2025 from a year earlier.

2026.1.1

Gold bars are displayed at a gold jewellery shop in the northern Indian city of Chandigarh on May 8, 2012. [REUTERS/YONHAP]

Gold prices experience steep drop of over five percent in one day

Global gold prices, which had been on a historic climb, plummeted more than 5 percent in a single day on Tuesday.

2025.10.22

Shoppers browse for groceries at a traditional market in Seoul on Sept. 2. [NEWS1]

2-year inflation record averted with 1.7%, but food prices keep rising

Korea’s consumer prices rose 1.7 percent on year in August, the slowest increase in nine months, with a temporary cut in mobile phone charges staving off an inverse outcome of the biggest jump in over two years.

2025.9.2

Shoppers inspect instant coffee mixes at a discount mart in southern Seoul on April 2. [YONHAP]

Korea's inflation edges up to 2.1 percent in March

Korea's inflation rose to 2.1 percent in March.

2025.4.2

Cass beer packs are shown by customers shopping at a wholesale store in Seoul on March 30. [NEWS1]

Korea's inflation rises to 2.1% in March

Korea’s headline inflation edged up in March, partially led by rising prices in food products and services.

2025.4.2

Customers shop for groceries at a discount mart in Seoul on March 6. [YONHAP]

Korea's inflation eases with agricultural prices finally stable

Korea’s headline inflation moderated in February, yet still remained in the 2 percent range for the second consecutive month on the back of the increased domestic fuel prices.

2025.3.6

People shop for food at a supermarket in Seoul on Oct. 3. [YONHAP]

Consumer prices up 3.7 percent on-year in September

Korea’s consumer prices rose 3.7 percent on-year in September as prices for oil and agricultural products rose, according to Statistics Korea on Thursday.

2023.10.5