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South Korea Inflation Surges 2.1%, Exceeding Expectations

10/4/2025

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Story summary
  • South Korea's consumer prices rose 2.1% year over year in September, ahead of a 2.0% Reuters poll.
  • August's year-over-year gain was 1.7%, the slowest in nine months.
  • September's month-over-month CPI rose 0.5%, above the 0.4% forecast.
  • The 0.5% rise followed a 0.1% August decline due to a temporary mobile price discount; government data show inflation edging up after August's slowdown.