Friday, September 13th, 2013
In contrast, the export prices in the same month fell 0.7 percent, continuing the descent for two consecutive months, led by declines in farm and forestry goods (-0.3%) and manufactured goods (-0.7%). Of the manufactured goods, the prices of primary metals rose while those for semiconductors, electronic instrumentations, communications, imaging, and audio devices showed weakness.
Lee Hyun-young, BOK manager in charge of price statistics, said, "Although the month of August exhibited an unusual pattern of import prices rising while export prices falling, it is too early to tell whether this pattern is going to last."
