South Korea: inflation and policy rate monthly 2019-2026| ��ƽ��

Average inflation rate and base rate of the Bank of Korea from January 2019 to June 2026

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Release date

July 2026

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Region

South Korea

Survey time period

January 2019 to June 2026

Supplementary notes

This statistic was compiled by ��ƽ�� with data gathered from different sources.

The inflation rate, which refers to the annual change in the Consumer Price Index, can be accessed .

The central bank policy rate can be accessed .

Citation formats

From 2019 onward, South Korea experienced a pronounced inflation upswing, with consumer prices rising sharply until late 2022 before entering a gradual downward trend. By June 2026, inflation stood at**** percent. In response to earlier inflationary pressures, the Bank of Korea raised its policy rate from *** percent in July 2021 to *** percent by January 2023. In May 2025, the policy rate was set to *** percent, where it has remained until at least June 2026.

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�����ƽ��

Average inflation rate and base rate of the Bank of Korea from January 2019 to June 2026

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