S. Korea's import and export prices both down in October
- 3 years ago
10월 수출입물가 동반 하락...환율,유가 하락 영향
South Korea's import and export prices both fell in October.
The Bank of Korea said Thursday that export prices dropped 2-point-6 percent on-month in October, due largely to lower prices of computers and electronics goods.
The central bank said the weakening greenback also contributed to the decline.
Import prices also dipped 2-point-six percent on falling global oil prices.
The average price of Dubai crude South Korea's benchmark was around 40 U.S. dollars a barrel last month, down 2 percent on month.
On-year, export prices were down around 6-percent.
Import prices falling more than 11-percent.
South Korea's import and export prices both fell in October.
The Bank of Korea said Thursday that export prices dropped 2-point-6 percent on-month in October, due largely to lower prices of computers and electronics goods.
The central bank said the weakening greenback also contributed to the decline.
Import prices also dipped 2-point-six percent on falling global oil prices.
The average price of Dubai crude South Korea's benchmark was around 40 U.S. dollars a barrel last month, down 2 percent on month.
On-year, export prices were down around 6-percent.
Import prices falling more than 11-percent.