Inflation 2024 Korea. As shown in figure 14, prices will increase over 3%. South korea inflation rate for 2021 was 2.50% , a 1.96% increase from 2020.


Inflation 2024 Korea

The korean economy is forecast to grow by 2.6% in 2024, driven by strong exports, and by 2.1% in 2025 as domestic demand improves but export growth. Inflation rate in south korea increased to 2.60 percent in july from 2.40 percent in june of 2024.

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