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Government Reports

Trend Analysis Economy Prices 🔥 75 2026-02-03

Consumer Price Trends, January 2026

National Data Agency
1January consumer prices rose 2.0% year-on-year, showing a slower growth rate.
2Insurance fees and rice prices rose sharply, while vegetable prices fell.
3Dining out and insurance costs increased, while grocery costs for vegetables dropped.

📋 Key Findings

🔍 Background

Monthly price trends are surveyed to measure the daily consumption burden on households. This report analyzes price levels and major fluctuations for January 2026.

📌 Key Points

The Consumer Price Index (CPI) rose 2.0% year-on-year. Insurance services (15.3%) and rice (18.3%) led the increase, while radish (-34.5%) and cabbage (-18.1%) prices fell significantly.

📝 Implications

Inflation slowed from 2.3% in the previous month to 2.0%, showing signs of stabilization. While petroleum prices remained flat, personal services and food prices remain high.

📝 Impact on Daily Life

Spending on insurance and dining out will increase, with insurance fees up 15.3% and dining out up 2.9%. Conversely, lower radish and cabbage prices will reduce the burden of purchasing ingredients.

📚 Glossary

소비자물가지수 (Sobija Mulga Jisu)An index measuring average price changes of goods and services purchased by households for daily life.
생활물가지수 (Saenghwal Mulga Jisu)An indicator focused on items with high purchase frequency and spending weight that consumers are sensitive to.
근원물가 (Geunwon Mulga)An indicator used to identify long-term price trends by excluding seasonal factors or temporary shocks.

📋 Other Reports This Month

2026 National Budget Overview Ministry of Planning and Budget
January 2026 Employment Trends National Data Agency
2025 Survey on Koreans' Consciousness and Values Ministry of Culture, Sports and Tourism
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