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South Korea Import Prices YoY
The rate of change in the prices of goods and services purchased by inhabitants of that country from, and provided by, foreign suppliers is referred to as the Import Price in South Korea. Exchange rates have a significant impact on the price of imports.
A higher than expected figure should be seen as positive (bullish) for the KRW while a lower than expected figure should be seen as negative (bearish) for the KRW.
News (KRW)
South Korea Export Prices Sink 0.6% In February
Export prices in South Korea were down 0.6 percent on month in February, the Bank of Korea said on Friday - after rising 1.3 percent in January.
RTTNews | 5 days ago
Bank Of Korea Cuts Policy Rate By 25 Bps
The Bank of Korea reduced its benchmark rate by a quarter-point on Tuesday as domestic political unrest and trade policies of the US government weighed on domestic demand and economic growth. The monetary policy board, governed by Rhee Chang Yong, decided to lower the Base Rate by 25 basis points to 2.75 percent. The decision matched expectations.
RTTNews | 22 days ago
South Korea Producer Prices Climb 0.6% In January
Producer prices in South Korea were up 0.6 percent on month in January, the Bank of Korea said on Thursday - accelerating from 0.4 percent in December.
RTTNews | 27 days ago
