Korea's export-import prices rose in January on higher oil prices

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Published on 13 Feb 2018, 10:12
유가 상승에 수출입물가 석달만에 반등

South Korea's export-import prices for January inched up from the previous month... mainly due to a rebound in import prices,... which rose for the first time in three months on rising international oil prices.
The Bank of Korea says the export-import price index rose Point-seven percent on-month to nearly 83.
Export prices dropped for the third straight month mainly due to the appreciation of the local currency.
Import prices inched up less than a percent... as the average price of the nation's benchmark, the Dubai crude, rose seven-and-a-half percent from the month prior... to over 66 U.S. dollars
The Korean currency traded at one-thousand-66 won against the greenback... a near two-percent dip from the previous month.

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