Arab Today, arab today s korea\s import prices decline
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

S Korea\'s import prices decline

Arab Today, arab today

Arab Today, arab today S Korea\'s import prices decline

Seoul - XINHUA

South Korea\'s import prices declined 3.3 percent last month due to lower oil prices and the local currency\'s ascent against the U.S. dollar, data by the central bank showed Thursday. In local currency terms, import prices retreated 3.3 percent in October from a month earlier, down from a 0.9 percent rise tallied in the previous month, according to the Bank of Korea (BOK). From a year before, the prices dropped 6.4 percent, the lowest since November 2009 when it recorded a 7.5 percent plunge. The price fall was attributable to falling oil prices and the local currency\'s appreciation versus the dollar. Dubai crude, South Korea\'s benchmark, averaged 109 dollars a barrel in October, down 2 percent from the previous month. The South Korean won appreciated more than 7 percent against the greenback compared with the late May\'s bottom. Prices in raw materials imported from overseas dropped 5.1 percent in October from a month before. Farm goods prices fell 0.8 percent last month, with mining product prices tumbling 5.5 percent. Intermediate goods prices declined 2.1 percent on-month in October, down from a 0.9 percent gain for September. Oil product prices retreated 2.7 percent last month, with chemical and steel product prices sliding by 1.1 percent and 3.3 percent each. Prices for capital goods slid 1.8 percent on-month in October, with consumer goods prices declining 1.5 percent over the same period. In contract currency terms, import prices declined 1.8 percent on-month in October. From a year earlier, the prices fell 1.9 percent last month.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea\s import prices decline Arab Today, arab today s korea\s import prices decline

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea\s import prices decline Arab Today, arab today s korea\s import prices decline

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday