Macro EconomyMedium•2 November 2026•
1 min read
South Korea October Inflation Slows More Than Anticipated
Key Facts
1South Korea's Consumer Price Index (CPI) for October rose at a slower pace than analysts had anticipated.
South Korea's Consumer Price Index (CPI) for October rose at a slower pace than analysts had anticipated. Investing.com reported that the data indicates a cooling in price pressures, potentially providing the Bank of Korea with more room for policy maneuvering.
The annual inflation rate reached 2.8% on November 2, 2026, coming in below the forecasted 2.9%. This deceleration follows other recent economic indicators, including a 93.7% year-on-year increase in exports on November 1, 2026, and a Manufacturing PMI reading of 51.3 on November 2, 2026.