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

SOUTH KOREA
EM BulletBulletSouth KoreaAPACEmerging Market News
  • 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. 
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  • 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.