Go to content


Economic Report

Economic reports, briefs issued by Samsung Economic Research Institute

Export and Import Prices Slide in July

Export and Import Prices Slide in July

Aug. 19, 2013

Download Export and Import Prices Slide in July PDF email Print

Despite rising oil prices, import prices dipped 0.8% from a month ago in July, representing a reversal from a 2.1% gain in the previous month, said the Bank of Korea (BOK). According to the central bank, July's drop was attributable to raw materials, excluding crude oil and sliding won/dollar exchange rates. The won rose 0.7% against the dollar from 1,135.21 in June to 1,127.23 in July and Dubai crude ascended from US$100.17 per barrel to US$103.55 during the same period. Compared to a year ago, import prices tumbled 4.3%, extending its losing streak for the 11th consecutive month.


For full text, click the pdf icon above.
Go to list