South Korea’s shopper costs grew on the quickest tempo in over a 12 months in October, authorities information confirmed Tuesday.
Shopper costs, a key gauge of inflation, elevated 2.4 % from a 12 months earlier final month, in keeping with the information from the Ministry of Information and Statistics. It marks the biggest on-year improve since July 2024, when inflation climbed 2.6 %.
In 2025, inflation had remained above the Financial institution of Korea’s 2 % goal for 4 consecutive months via April earlier than slowing to 1.9 % in Could.
It then climbed once more, staying above 2 % in each June and July earlier than briefly slowing to 1.7 % in August and once more climbing over 2 % in September.
