South Korea export and import prices, both surging

Author: Eamonn Sheridan | Category: News

Data for August 2021 from SK, shows:

  • export prices increasing at their fastest since February 2009
  • and import prices increasing at their fastest since December 2008
Export prices ++18.6% y/y (prior +17.4%) 
  • Import prices +21.6% y/y (prior +195.5%)
  • prices in local currency terms

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