03.11.202523:00:00UTC+00South Korea's Consumer Price Index Edges Up to 2.4% in October

On November 3, 2025, South Korea’s statistical office released updated data indicating that the country's Consumer Price Index (CPI) has increased to 2.4% in October 2025 from 2.1% in September 2025. This figure reflects a year-over-year comparison, signaling a modest rise in inflationary pressure.

The October CPI increase comes amid a continuously evolving economic landscape in South Korea. The increment to 2.4% suggests some upward movement in prices when compared to the same month a year ago, hinting at diverse dynamics in sectors contributing to the overall economic activity of the nation.

This slight uptick in inflation could influence the Bank of Korea's future monetary policy directions as they balance between fostering economic growth and controlling inflationary trends. Experts will closely observe November’s CPI data to assess whether this increase indicates the beginning of a more significant inflation trend or a transient adjustment.