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2025-10-31 08:42:34
[South Korea's October Inflation Rate Expected to Rise Slightly] 1. According to a Wall Street Journal survey of economists, South Korea's inflation rate is expected to rise slightly in October. The median forecast shows that the Consumer Price Index (CPI) is expected to rise 2.2% year-on-year in October, slightly higher than September's 2.1%; month-on-month, it is expected to rise 0.1%, a significant slowdown from September's 0.5%. 2. Analysts point out that the inflationary pressure from high agricultural product prices during the Mid-Autumn Festival in early October has eased somewhat, but rising prices for industrial goods and public utility services continue to exert upward pressure. Official South Korean inflation data for October will be released on Tuesday.
