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S. Korea's terms of trade index down for 21st consecutive month in August: BOK

2019-09-27 5 Dailymotion

South Korea's terms of trade fell for the twenty-first month in a row in August due to weaker exports, particularly shipments of computers and electronics.<br />According to the Bank of Korea on Friday,... the country's net barter terms of trade index in August was 90-point-six-two last month,... down more than four percent on-year.<br />Terms of trade measures the amount of imports a country can buy for each unit of exports relative to the base year 2010.<br />South Korea's export volume index declined nearly six percent on-year in August.<br />

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