The consumer price index (CPI) in April 2025 rose by 2.1% year-on-year, the same rate as in March. While the decline in agricultural product prices deepened and petroleum products shifted to a downward trend, the overall index was offset by larger increases in prices for livestock and fisheries products, processed foods, and personal services. Core inflation, which reflects the underlying trend by excluding volatile food and energy prices, rose by 2.1% compared to the same month of the previous year (1.9% in March). CPI for living necessities, which are composed of items with a significant share of household spending, saw a growth of 2.4% year-on-year, unchanged from March. Meanwhile, CPI for fresh food fell further to -1.9% compared to the previous year (-1.3% in March), as vegetable prices turned downward.  

While recent consumer price index has remained close to the inflation target of 2.0%, the government will make its utmost efforts to stabilize perceived inflation through close inter-ministerial coordination, given continued uncertainties such as weather conditions. In particular, the government will closely monitor supply, price fluctuations, and distribution conditions of key daily essentials – such as agricultural, livestock, and fishery products as well as petroleum products – and will promptly implement necessary response measures when required.

Please refer to the attached files.