logo
Plus   Neg
Share
Email

South Korea Export Prices Sink 5.4% On Year In December

Export prices in South Korea were down 5.4 percent on year in December, the Bank of Korea said on Thursday - after sinking 4.6 percent in November.

On a monthly basis, export prices fell 0.1 percent after slipping 0.5 percent in the previous month.

Individually, prices for agricultural, forestry and marine products shed 5.0 percent on year and 1.8 percent on month. Prices for manufactured exports fell 5.4 percent on year and 0.1 percent on month.

Import prices tumbled an annual 10.2 percent last month after sinking 10.3 percent in November. They were up 1.8 percent on month following the flat reading a month earlier.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT