South Korea Sees Rise in Import Price for Sixth Straight Month
The import price index advanced 0.7 percent in December 2025 compared to the previous month, extending an unbroken upward streak that began last July, figures from the Bank of Korea showed.
The sustained increase stemmed from the local currency's slide against the greenback, which overpowered the impact of reduced crude oil expenses.
Dubai crude, South Korea's pricing benchmark, averaged $62.05 per barrel during December, declining from $64.47 in the preceding month.
The South Korean won depreciated to an average of 1,467.40 per dollar in December from 1,457.77 won in November.
Raw material import costs edged up just 0.1 percent on a monthly basis in December, a sharp deceleration from the 2.7 percent surge recorded the prior month.
Intermediary goods import prices jumped 1.0 percent last month, marking the sixth straight month of expansion.
Imported capital and consumer goods registered price increases of 0.7 percent and 0.4 percent respectively.
The export price index rose 1.1 percent in December from the previous month, maintaining its upward trajectory since July.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
