Business · Economy · 3 hrs ago
South Korea to release inflation and trade figures next week
South Korea will publish October consumer inflation figures on November 3, giving a new measure of how prices are changing for households.
In September, consumer prices were 2.9% higher than a year earlier, above the central bank’s 2% stability target.
The Bank of Korea will release September’s current-account figures on November 5, after a surplus of $279.2 billion in January through August.
The bank expects the full-year surplus to exceed $450 billion, which would be a record.
Meanwhile, financial authorities will bring together the whole financial sector on November 5 to discuss responses to recent cyberattacks, including ways to prevent further harm.
The figures and the meeting will offer updates on South Korea’s prices, external trade and efforts to strengthen financial security.
South Korea will publish October consumer inflation data and September international balance figures next week.
The National Data Agency is due to release the October consumer price trend on November 3.
The Bank of Korea is due to publish September international balance figures on November 5.
Consumer prices rose 2.9% year on year in September, while the current account recorded a surplus of $279.2 billion in the first eight months of the year.
Financial authorities will also meet the financial sector on November 5 to discuss preventing further harm from hacking incidents.
- Who
- South Korea’s National Data Agency and Bank of Korea will release the figures.
- What
- They will publish October consumer inflation data and September international balance figures.
- When
- November 3 and November 5, respectively, during the week of November 2–6.
- Where
- South Korea.
- Why
- The figures will show domestic price trends and the country’s trade and international balance conditions.
This story does not have two clearly opposing sides.
South Korea is scheduled to publish economic indicators and hold financial-sector discussions.
The National Data Agency is due to release October consumer price data.
The Bank of Korea is due to release September international balance figures, and financial authorities plan to meet the financial sector about hacking incidents.
- October consumer prices
- Data scheduled for release November 3
- September international balance
- Data scheduled for release November 5
- September inflation
- 2.9% year-on-year
- Current account surplus
- $279.2 billion in January–August 2026