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South Korea's export and import prices both rise in Sept.: BOK Updated: 2021-10-14 08:51:37 KST

South Korea's export and import prices both rose in September.
The Bank of Korea said on Thursday the export price index increased by one percent on month, and c ompared to a year before, that's a rise of more than 20 percent.
The increase in export prices was mainly driven by higher prices of industrial goods like petroleum and chemical productsas well as agricultural and fishery products.
IThe import also increasedup two.four percent on-month.
It surged by more than 26 percent on-year.
This is mainly due to an increase in the price of coal and petroleum products…as the price of Dubai crude…South Korea's benchmark, jumping 75 percent on year.
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