South Korea’s import prices declined in October, data from Bank of Korea showed on Thursday.
Import prices declined 11.6 percent year-on-year in October, following a 11.3 percent fall in September.
Export prices decreased 6.4 percent annually in October, following a 5.9 percent fall in the previous month.
On a monthly basis, import prices fell 2.6 percent in October, following a 1.1 percent decrease in the preceding month.
Export prices declined 2.6 percent monthly in October, after remaining unchanged in the prior month.
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