South Korea’s consumer price inflation slowed markedly in June 2026, with the Consumer Price Index (CPI) rising just 0.1% month-on-month, down from a 0.5% increase in May 2026. The latest data, updated on 1 July 2026, indicate a clear moderation in price pressures on a short-term basis.
On a month-over-month basis, the June reading reflects a much softer pace of price growth compared with the previous month, when prices had climbed more robustly. Under the comparison methodology, the current “actual” figure measures the change in prices from June to May 2026, while the “previous” figure captured the change from May to April 2026.
The pronounced slowdown suggests that near-term inflation momentum has eased, which could factor into future policy discussions as market participants and policymakers assess whether the cooling trend continues in the months ahead.
