South Korea Import Prices

South Korea’s import prices in won terms decreased 4.9 percent year-on-year in June 2016, easing from a 5.1 percent decline in the previous month. This was the slowest fall since March 2014, as prices of raw materials went down 18.6 percent, following a bigger 20.7 percent drop in May. On a monthly basis, import prices gained 0.7 percent. Import Prices in South Korea averaged 50.56 Index Points from 1971 until 2016, reaching an all time high of 116.89 Index Points in March of 2012 and a record low of 4.81 Index Points in January of 1971. Import Prices in South Korea is reported by the The Bank of Korea. In South Korea, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides – South Korea Import Prices – actual values, historical data, forecast, chart, statistics, economic calendar and news.