S. Korea's import and export prices fell in April: BOK
- 4 years ago
국제유가 급락 여파 '4월 수출입 물가' 동반 하락
South Korea's import and export prices both fell last month
The Bank of Korea says import prices dropped over 5-percent on-month in April due to falling global oil prices.
The average price of Dubai crude -- South Korea's benchmark -- was around 20 U.S. dollars a barrel last month, down almost 40 percent on month.
Export prices were 1-point-6 percent lower during the same period on the falling prices of chemical and petrochemical goods.
On-year, export prices were down almost six percent.
South Korea's import and export prices both fell last month
The Bank of Korea says import prices dropped over 5-percent on-month in April due to falling global oil prices.
The average price of Dubai crude -- South Korea's benchmark -- was around 20 U.S. dollars a barrel last month, down almost 40 percent on month.
Export prices were 1-point-6 percent lower during the same period on the falling prices of chemical and petrochemical goods.
On-year, export prices were down almost six percent.