Korea's import prices continue to fall in January
Seoul - Yonhap
South Korea's import prices fell for the 17th straight month in January as prices of raw materials including oil declined, offsetting upward pressure caused by the weak Korean won, the central bank said Wednesday. In local currency terms, the country's import prices declined 3 percent in January from a year earlier, compared with a 3.5 percent on-year fall in December, according to the Bank of Korea (BOK).
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