Südkorea Verbraucherpreise

South Korea’s inflation rate edged up to 2.1% in March 2025 from 2.0% in February, surpassing expectations. This comes as the Bank of Korea has cut rates by a total of 75 basis points in the current easing cycle, bringing its policy rate to a two-year low of 2.75%. The central bank revised its growth forecast lower due to the impact of US tariffs and domestic political turmoil. Meanwhile, policymakers maintained their inflation forecast at 1.9% for both 2025 and 2026, while projecting core inflation at 1.8%. On a monthly basis, consumer prices rose 0.2% in March, slowing from February’s 0.3% increase, in line with forecasts.