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S. Korea's import and export prices both down in July

2020-08-14 4 Dailymotion

7월 수출입물가 동반 하락...환율 하락 영향<br /><br />South Korea's import and export prices both fell on-month in July.<br />According to the Bank of Korea on Friday, import prices dropped point-nine percent on-month largely due to the falling prices of mining and chemical products.<br />The central bank said the weakening greenback also contributed to the fall in import prices despite an increase in global oil prices compared to the previous month.<br />The price of Dubai crude South Korea's benchmark was around 43 U.S. dollars a barrel last month,... up six-point-one percent on-month.<br />Export prices edged down point-four percent on-month on the falling semiconductor and computer prices.<br />

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