South Korea's central bank has released its data on the nation's export and import prices for last month,.... which showed that both indexes are on a rise.<br />Here's our Kim Hye-sung with more details. <br />South Korea's import prices went up for the sixth consecutive month in June due to the weakening Korean won.<br /> The Bank of Korea says the import price index rose one-point-three percent on-month, recording 88-point-two-six in June.<br />Compared to the same period last year, the index is up nearly eleven percent, marking the biggest jump in 17 months. <br /> The local currency weakened against the U.S. dollar, recording an average of one-thousand-92-point-eight won last month, pushing up Korea's import prices despite a slight fall in global oil prices. <br />In particular, raw material prices went up one-point-four percent on-month, or more than 26 percent on-year. <br />Without the change in the won-dollar exchange rate, the Bank of Korea says June's import prices would've ticked down zero-point-one percent on-month.<br /> Export prices edged up around one percent on-month to 85-point-six-eight, continuing its upward streak for a third consecutive month. <br />The central bank attributes the rising export prices to an increase in industrial goods' prices, including metals and machinery. <br /> Export and import prices affect future consumer prices, so this could mean higher inflation in the months to come.<br />Kim Hyesung, Arirang News. <br />
