Import prices increased at the fastest pace in 19 months in November, despite a decline in global oil prices, due largely to the weaker won, central bank data showed Friday.
Korea's import prices declined for the third consecutive month in April due mainly to a drop in global oil prices, central bank data showed Friday.
Korea's import prices rose for the third consecutive month in December due mainly to the weak local currency and high global oil prices, central bank data showed Wednesday.
A shopper picks out an instant coffee mix from a shelf containing assorted instant coffee products at a market in Seoul on Tuesday.
Korea's import prices declined for a second straight month in December due to a decline in oil prices, central bank data showed Tuesday, amid hope for the bank's pivot toward easing policy.
Korea's import prices dropped in November after four consecutive months of rising due to a decline in the prices of oil, chemical goods and IT products, giving relief to the Bank of Korea's (BOK) rate policy.
Import prices dropped 6.9 percent in March on year, the fastest fall in 27 months.
Korea's import prices fell for the first time in three months in November thanks to the local currency's rise against the dollar and a fall in crude oil prices, central bank data showed Thursday.
Korea's terms of trade gained for the eight consecutive month in November as import prices fell at a faster clip than export prices, central bank data showed Tuesday.
Korea JoongAng Daily Sitemap
