February 13, 2025 22:21 GMT
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.
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