Free Trial

SOUTH KOREA: Export and Import Prices both Decline in January. 

SOUTH KOREA
  • South Korea’s export prices declined in January, with December numbers revised downside also.
  • Export prices in January were +8.5% YoY, down from the revised +10.5% in December.
  • The month-on-month result was weaker also at +1.2% for January, versus a revised +2.3% in December.
  • Import prices also were weak in January at +6.6% YoY versus a revised +6.8% for December with the month-on-month figure flat on prior month at +2.3%.
  • This largest contributor to the decline in export prices was a significant fall in prices of electronic products YoY at +11.4%, down from +20.5% in December. 
94 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • South Korea’s export prices declined in January, with December numbers revised downside also.
  • Export prices in January were +8.5% YoY, down from the revised +10.5% in December.
  • The month-on-month result was weaker also at +1.2% for January, versus a revised +2.3% in December.
  • Import prices also were weak in January at +6.6% YoY versus a revised +6.8% for December with the month-on-month figure flat on prior month at +2.3%.
  • This largest contributor to the decline in export prices was a significant fall in prices of electronic products YoY at +11.4%, down from +20.5% in December.