Korea's Import Prices Fall For 5th Month In June

Sumaira FH Published July 16, 2025 | 09:45 AM

Korea's import prices fall for 5th month in June

SEOUL, (UrduPoint / Pakistan Point News / WAM - 16th Jul, 2025) The Republic of Korea's import prices declined for the fifth consecutive month in June due mainly to the won's strength, central bank data showed Wednesday.

The import price index went down 0.6 percent last month from the previous month, following a 3.

7 percent drop in May, according to the preliminary data from the Bank of Korea (BOK).

The figure has been on a constant decline since February, according to Yonhap news Agency.

Import prices are a key factor influencing the country's overall inflation as they affect production costs and consumer prices through the supply chain.

The export price index fell 1.1 percent in June from the previous month, marking the third consecutive monthly decline, the data showed.

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