Advertisement
South Korea Has $4.52 Billion Current Account Shortfall
(RTTNews) - South Korea posted a current account deficit of $4.52 billion in January, the Bank of Korea said on Friday - following the $2.68 billion surplus in December.
The goods account saw a 7.46 $billion deficit, down from the $1.54 billion surplus a year earlier.
The services account deficit increased to $3.27 billion, from $0.83 billion in January the year prior, owing to a decrease in the transport account surplus and an increase in the travel account deficit.
The primary income account surplus increased from $1.87 billion the year previously to $6.38 billion in January 2023.
The secondary income account saw a $0.16 billion deficit.
read more
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.
RTTNews
|
12 h 10 min atrás
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.
RTTNews
|
7 dias atrás
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.
RTTNews
|
14 dias atrás
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.
RTTNews
|
21 dias atrás
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.
RTTNews
|
23 dias atrás
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.
RTTNews
|
28 dias atrás
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.
RTTNews
|
35 dias atrás
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.
RTTNews
|
35 dias atrás
