S. Korea's export prices down 1%, import prices up 0.1% m/m in Jan.

S. Korea's export prices down 1%, import prices up 0.1% m/m in Jan.

South Korea's export prices for January fell on-month while import prices went up slightly on rising global oil prices.br The Bank of Korea says export prices dropped for the third consecutive months...falling one percent on-month in January on lower industrial goods prices like electronics goods.br DRAM prices, in particular, tumbled 15 percent on-month, the biggest on-month drop since August 2011...on lower global chip demand.br Import prices edged up zero-point-one percent on-month in January on higher global oil prices. br Dubai crude, Korea's benchmark, went up three percent on-month, recording an average of 59 U.S. dollars a barrel.


User: Arirang News

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Uploaded: 2019-02-19

Duration: 00:42