South Korea's central bank has released its latest report on the nation's exports and imports prices.... and it shows they've both gone up.<br />Our economics correspondent Kim Ji-yeon reports. <br />Korea's export and import prices both rose in October on rising international oil prices and intermediary goods.<br />Data released by the Bank of Korea on Tuesday showed export prices in October increased by one-point-three-percent from the same period last year. <br />Export prices of coal and petroleum goods climbed while prices of electronics, including semiconductors dropped. <br />In particular, the price of DRAMs decreased by nearly 5-percent on-month... mainly due to an oversupply.<br />The Korean currency rose by nearly one-percent from the previous month to trade at around 1-thousand -131 won on average against the greenback last month.<br />Over at the import index, prices rose by 10-point-seven percent on-year last month.<br />In particular, raw materials rose by more than 27-percent from the same period last year.<br />Prices of Dubai crude, Korea's benchmark, soared two-point-eight-percent from the previous month to an average of around 79 U.S. dollars a barrel in October.<br />A BOK official said the central bank is keeping a close eye on international oil prices... adding that despite a decrease this month... the price level is still high especially compared to that of last year which hovered around the 60 dollar mark.<br />Rising import prices generally affect domestic producer prices, which in turn impact consumer prices, and this translates into higher inflation in the months to come.<br />Kim Ji-yeon, Arirang News. <br />
