S. Korea's export prices down 0.2%, import prices down 1.1% on-month in August
- 4 years ago
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South Korea's export prices dropped for the first time in four months last month.
According to the Bank of Korea on Tuesday, export prices edged down zero-point-two percent on-month in August.
It was mostly due to the falling prices of computers and electronics goods, including semiconductors, and the weakening greenback.
Import prices were down one-point-one percent on-month as sluggish global demand offset rising global oil prices.
South Korea's export prices dropped for the first time in four months last month.
According to the Bank of Korea on Tuesday, export prices edged down zero-point-two percent on-month in August.
It was mostly due to the falling prices of computers and electronics goods, including semiconductors, and the weakening greenback.
Import prices were down one-point-one percent on-month as sluggish global demand offset rising global oil prices.