Economic Buzz: April Export Prices Advance 1% In South Korea

13 May 2022 , 11:13 AM

Export prices in South Korea advanced 1.0 percent on month in April, slowing from the 6.2 percent increase in March, according to the Bank of Korea. On a yearly basis, export prices jumped 21.4 percent, down from 23.4 percent in the previous month. Individually, prices for agricultural exports rose 0.2 percent on month and 20.1 percent on year, while manufacturing products gained 1.0 percent on month and 21.4 percent on year. Import prices sank 0.9 percent on month and surged 35.0 percent on year after spiking 7.9 percent on month and 35.9 percent on year in March. Powered by Commodity Insights