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South Korea's Inflation Soars to 2.4% in October

11/5/2025

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Summary

Story summary

South Korea's consumer prices rose 2.4% in October 2025, the fastest gain in over a year, according to government data released on November 4, 2025.
October's 2.4% rise followed a 2.1% increase in September.
The Bank of Korea has kept the policy rate at 2.50% for three months, with some board members open to a rate cut.
Analysts had anticipated 2.1% inflation for October, and the monthly index rose 0.3%.

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Story summary

South Korea's consumer prices rose 2.4% in October 2025, the fastest gain in over a year, according to government data released on November 4, 2025.
October's 2.4% rise followed a 2.1% increase in September.
The Bank of Korea has kept the policy rate at 2.50% for three months, with some board members open to a rate cut.
Analysts had anticipated 2.1% inflation for October, and the monthly index rose 0.3%.