South Korea’s import prices rose 2.2% year-on-year in November 2025, following a 0.5% increase in October and the sharpest increase since March. Prices for intermediate goods increased 5.4%, following a 3.2% rise in October, while consumer goods prices jumped 5.4% from 5.1%, and capital goods rose 4.5%, up from 3.9%. In contrast, raw material prices continued to decline, falling 5.0%, a smaller drop than October’s 6.9% decrease. On a monthly basis, import prices increased 2.6%, well above the 1.9% gain recorded in the previous month.