S. Korea’s export prices showed upturn in February


0

South Korea’s export prices increased for the first time in four months in February on higher prices of petroleum products, central bank data showed Friday.

The export price index stood at 82.97 last month, up 0.2 percent from the previous month, according to data released by the Bank of Korea. This marked the first on-month rise since October.

Steering the gain was the petroleum products and coal sector, which saw an 8 percent hike on-month.

The country’s benchmark Dubai crude reached $64.59 per barrel in February, up 9.3 percent from a month earlier.

Semiconductors, on the other hand, slipped amid slow demand. Prices of dynamic random-access memory chips shed 6.9 percent on-month during the same period.

Meanwhile, the import price index gained 1.9 percent on-month to 86.56, marking the highest on-month rise since May.

By Bae Hyun-jung (tellme@heraldcorp.com)

Source : koreaherald


Like it? Share with your friends!

0

What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win

Comments

comments

Powered by Facebook Comments

Choose A Format
Story
Formatted Text with Embeds and Visuals
Video
Youtube, Vimeo or Vine Embeds
List
The Classic Internet Listicles
Open List
Submit your own item and vote up for the best submission
Countdown
The Classic Internet Countdowns
Poll
Voting to make decisions or determine opinions
Ranked List
Upvote or downvote to decide the best list item
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Meme
Upload your own images to make custom memes
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format