Tag: import prices

import prices

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Containers are stacked at a port in Pyeongtaek, Gyeonggi, on May 8. [YONHAP]

Import prices drop in April for 1st time in 10 months: BOK

Import prices fell for the first time in 10 months in April on a decrease in oil prices amid the Middle East conflict, central bank data showed Friday. The import price index fell 2.3 percent on-month last month.

2026.5.15

Trade containers are stacked at Pyeongtaek Port in Gyeonggi on Nov. 14. [YONHAP]

Import prices log fastest increase in 19 months in Nov. on weaker won: BOK

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.

2025.12.12

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Shipping containers are stacked at Busan Port on April 30. [YONHAP]

Korea's import prices fell for third month in April, BOK data shows

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.

2025.5.16

Containers are stacked at a port in Incheon. [NEWS1]

Korea's import prices climb for third straight month in December

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.

2025.1.15

Pick your coffee

A shopper picks out an instant coffee mix from a shelf containing assorted instant coffee products at a market in Seoul on Tuesday.

2024.5.14

Containers are stacked at Busan Port on New Year's Day. [YONHAP]

Korea's import prices fall for 2nd month in December on declining oil prices

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.

2024.1.16

Korea's import prices dipped in November due to a decline in prices for oil, chemical goods and IT products. Pictured are stacks of shipping containers at a port in Busan. [NEWS1]

Import prices drop in November, ending 4-month rise

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.

2023.12.13

People shop at a discount mart in Seoul on Thursday. Korea’s import prices fell 6.9 percent in March, helped by a drop in oil prices. [NEWS1]

Import prices plummet in March as commodities retreat

Import prices dropped 6.9 percent in March on year, the fastest fall in 27 months.

2023.4.13

Import prices down in Nov. on stronger won, fall in oil prices

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.

2022.12.15

Trade terms gain for an eighth consecutive month

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.

2020.12.29