Stronger dollar drives import price increases
![Stronger dollar pushed Korea’s import prices higher for the second consecutive month, according to the Bank of Korea’s August export-import price index. Coffee prices surged 13.4%, leading hikes among key items including pigments (3.8%), precious metal products (2.4%), flash memory (1.0%), and frozen seafood (1.1%). This photo shows coffee beans displayed at a hypermarket in Seoul on Sept. 16. [YONHAP]](https://image.koreajoongangdaily.com/10540113.webp?imageId=10540113&width=960&height=598&format=jpg)
A stronger dollar pushed Korea’s import prices higher for the second consecutive month, according to the Bank of Korea’s August export-import price index. Coffee prices surged 13.4%, leading hikes among key items including pigments (3.8%), precious metal products (2.4%), flash memory (1.0%) and frozen seafood (1.1%). This photo shows coffee beans displayed at a hypermarket in Seoul on Sept. 16. [YONHAP]
