South Korea Consumer Inflation

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South Korea Consumer Inflation

Various styles of instant noodles (Ramen or Ramyeon) are decorated on the marble table in Sangju, South Korea, on July 9, 2025. The Consumer Price Index (CPI), a key measure of inflation, stabilizes at around 2 percent since August of last year, signaling the end of pandemic-driven high inflation. However, few consumers relate to the headline figure, as the prices of essential food items like instant noodles and instant coffee surge, masked by the broader inflation indicator that tracks a wider basket of goods. (Photo by Seung-il Ryu/NurPhoto)


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