Arab Today, arab today south korea\s import prices decline in july as currency firms
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

South Korea\'s import prices decline in July as currency firms

Arab Today, arab today

Arab Today, arab today South Korea\'s import prices decline in July as currency firms

Seoul - XINHUA

South Korea\'s import prices declined last month as the local currency rose against the U.S. dollar, offsetting higher crude oil prices, central bank data showed Monday. In local currency terms, import prices fell 0.8 percent in July from a month earlier after gaining 2.1 percent in the prior month, according to the Bank of Korea (BOK). From a year earlier, the prices slid 4.3 percent last month, maintaining its downward trend for 11 straight months. The South Korean currency appreciated 0.7 percent against the dollar last month, lowering prices of goods imported from overseas. It relieved an upward pressure from higher prices of Dubai crude, South Korea\'s benchmark, which gained 3.4 percent in July. Prices in imported raw materials dipped 0.2 percent in July from a month earlier after advancing 1.9 percent in the previous month. Those for intermediate goods such as oil, chemical and steel products fell 1.2 percent on month in July. Capital goods prices slid 1.4 percent, and those for consumer goods retreated 0.5 percent. In contract currency terms, import prices rose 0.1 percent on month in July, indicating that global product prices advanced amid higher oil costs.

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 south korea\s import prices decline in july as currency firms Arab Today, arab today south korea\s import prices decline in july as currency firms

 



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 south korea\s import prices decline in july as currency firms Arab Today, arab today south korea\s import prices decline in july as currency firms

 



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 Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
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