In August, the export price of Korea's exports fell by 1.7% year-on-year, and import prices rose by 5.7% year-on-year

According to the "Import and Export Price Index for August 2010" released by the Korea Central Bank on September 13, South Korea's August export prices fell by 1.7% year-on-year and 1.8% month-on-month. From a product point of view, agriculture, forestry and fishery products decreased by 0.7% year-on-year. A decrease of 4.9%, petrochemical and rubber products, primary metal products, general machinery equipment, electrical equipment, computer and audio communication equipment and transportation equipment attached to industrial products increased by 1.7%, 12.4%, -7.0%, -0.5%, respectively. 8.1% and -8.6% respectively, an increase of -0.3%, -1.6%, -2.5%, -0.6%, -4.3%, -1.5% on a month-on-month basis.

In addition, South Korea's import prices rose by 5.7% year-on-year in August, a year-on-year increase of 0.3%. From the product point of view, raw materials, semi-finished products, production materials, and consumer goods increased by 14.0%, 2.6%, -3.5%, and -1.0% year-on-year, respectively, a year-on-year increase of 2.1%, -0.5%, -1.3%, and -2.0%.