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Forex· August 03, 2026 at 11:06 PM

South Korea core CPI (July) shows biggest annual rise since December 2023

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Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
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<p>South Korea July CPI came in at +2.8% y/y, below the Reuters poll estimate of +3.0% and down from +3.2% in June, marking a three-month low. </p><p>On a monthly basis, CPI fell 0.2%, versus expectations for +0.1%, its first monthly decline since November 2025, driven by a 5.5% drop in petroleum prices.</p><p> Core CPI rose 2.6% y/y, up from +2.5% in June, its biggest annual rise since December 2023.</p> This article was written by Eamonn Sheridan at investinglive.com.

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