South Korea posted a current account surplus of $9.15 billion in August, the Bank of Korea said on Thursday - down from $10.78 billion in July.
The goods account recorded a $9.40 billion surplus as exports decreased by 1.8 percent to $56.44 billion and as imports decreased by 7.3 percent to $47.04 billion, both compared to one year earlier.
The services account posted a $2.12 billion deficit owing to deficits in the travel and in the other business services accounts. The primary income account recorded a $2.07 billion surplus due to an increase in the income on equity.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.