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South Korea Export Prices Rise 12.8% On Year In July
(RTTNews) - Export prices in South Korea were up 12.8 percent on year in July, the Bank of Korea said on Thursday.
That was below estimates for a decline of 16.5 percent following the 15.0 percent drop in June.
Import prices fell an annual 13.5 percent versus expectations for a decline of 20.8 percent following the 16.1 percent decline in the previous month.
On a monthly basis, export prices rose 0.1 percent and import prices gained 0.4 percent.
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The manufacturing sector in South Korea continued to contract in April, and at a faster pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 47.5.
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South Korea Inflation Rises 2.1% On Year In April
Consumer prices in South Korea were up 2.1 percent on year in April, Statistics Korea said on Friday.
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