[South Korea's Choice Financial News Reporter] Last month, the won / dollar exchange rate and international oil prices impacts showed that export prices and import prices, down two consecutive months.
According to the Bank of Korea, Export-Import Price Index in March 2017, it published 14th March import price index (2010 = 100, KRW) Preliminary fell 2.0% in February than 81.52. 2 Following the month (-2.1%) fell for two consecutive months.
By gwangsanpum this item was down by 3.7%, including raw materials falls, coal and oil products and chemical products were mainly intermediate goods also fell by 1.7%.
The Bank of Korea analyzed that 'import prices fell by the impact of international oil prices and the won-dollar exchange rate.
Last month, the won / dollar average exchange rate fell 0.9% to 1134.77 won two more months (1144.92 won).
March average price (based on Dubai crude oil) were down 5.9%, also a barrel than in February (US $ 54.39) to $ 51.20 per (bbl).
March seafood import price index rose 6.9% over March last year.
Export price index was also down 1.4% off the same level as in February. The susanpum agriculture, forestry and industrial goods fell by 2.2% and 1.4%, respectively.
The Bank of Korea said, "The won-dollar exchange rate fell among the coal and petroleum products, chemical products fell.
Seafood export price index rose 4.9% over March last year.
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