Economic Buzz: South Korea Export And Import Prices Spike

13 Jan 2022 , 08:58 AM

Export prices in South Korea rose 23.5 percent on year in December, the Bank of Korea said on Thursday. The latest reading slowed from 25.5 percent in November. On a monthly basis export prices fell 1.0 percent after falling 0.9 percent in the previous month. The import prices soared by an annual 29.7 percent in December after soaring 35.0 percent in November but were down 1.9 percent on month after slipping 1.0 percent in previous month.

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