South Korea’s Monthly Inflation Eases in October as CPI Growth Slows to 0.2%

South Korea’s consumer price growth eased in October 2026, with the month-over-month Consumer Price Index (CPI) rising 0.2%, down from a 0.3% increase in September. The latest data, updated on 2 November 2026, indicate a modest cooling in price momentum compared with the previous month.

On a comparative basis, the “actual” October reading reflects the change in prices relative to September 2026, while the “previous” figure captures September’s change versus August. The slowdown from 0.3% to 0.2% suggests a slight moderation in short-term inflationary pressures as the economy progresses into the final quarter of the year. Investors and policymakers will now watch incoming data to assess whether this softer monthly trend continues.