Inflation 2024 Korea. Inflation is forecast to come to 2.6 percent for 2024, slowing from the previous year's 3.6 percent, and it will ease further to 2.1 percent in 2025, according to the. South korea inflation rate for 2021 was 2.50%, a 1.96% increase from 2020.

The current inflation rate in south korea is 2.01%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in august 2024. The consumer price inflation in south korea has been fluctuating during the last few years: