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South Korea Trade Deficit $2.10 Billion In May
(RTTNews) - South Korea posted a merchandise trade deficit of $2.10 billion in May, the Customs Office said on Thursday.
That exceeded expectations for a shortfall of $2.89 billion following the $2.70 billion deficit in April.
Exports dropped 15.2 percent on year, missing forecasts for a decline of 13.5 percent following the 14.3 percent fall in the previous month.
Imports were down 14.0 percent on year versus expectations for a drop of 10.6 percent after sinking 13.3 percent a month earlier.
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Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook
The Bank of Korea left its interest rate unchanged on Thursday as economic growth improved moderately despite high uncertainty surrounding the outlook. The Monetary Policy Board decided to hold the Base Rate at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.
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South Korea Producer Prices Rise 0.4% In July
Producer prices in South Korea were up 0.4 percent on month in July, the Bank of Korea said on Thursday.
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South Korea Export Prices Climb 1.0% In July
Export prices in South Korea were up 1.0 percent on month in July, the Bank of Korea said on Thursday - after shrinking 1.2 percent in June.
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14 ngày trước
South Korea Has $14.27 Billion Current Account Surplus
South Korea had a current account surplus of $14.27 billion in June, the Bank of Korea said on Thursday - up from $10.14 billion in May.
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South Korea Inflation Rises 0.2% In July
Overall consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Tuesday.
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South Korea Industrial Output Climbs 1.6% In June
Industrial production in South Korea was up a seasonally adjusted 1.6 percent on month in June, Statistics Korea said on Thursday.
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South Korea GDP Expands 0.6% In Q2
South Korea's gross domestic product improved a seasonally adjusted 0.6 percent on quarter in the second quarter of 2025, the Bank of Korea said on Thursday.
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South Korea GDP Climbs 0.6% In Q2
South Korea's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the second quarter of 2025, the Bank of Korea said on Thursday.
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35 ngày trước
