Connect to share and comment

S. Korea's trade terms improve in Feb.

SEOUL, March 24 (Yonhap) -- South Korea's terms of trade improved in February from a year earlier, as import prices fell at a faster space than export prices, the central bank said Monday. The country's net terms-of-trade index for goods -- a gauge of trade terms -- came in at 89.27 in February, up 0.3 percent from a year earlier, according to the Bank of Korea . In January, the trade terms posted the first on-year decline since November 2012.

S. Korea's trade terms fall in Jan.

SEOUL, Feb. 24 (Yonhap) -- South Korea's terms of trade posted the first on-year decline in 14 months in January as export prices fell at a faster pace than import prices, the central bank said Monday. The country's net terms-of-trade index for goods -- a gauge of trade terms -- came in at 88.4 in January, down 0.6 percent from a year earlier, according to the Bank of Korea (BOK). It marked the first on-year decline since a 0.4 percent fall in November 2012.

S. Korea's trade terms improve to 4-month high in Dec.

SEOUL, Jan. 23 (Yonhap) -- South Korea's terms of trade improved to a four-month high in December as import prices fell at a faster pace than export costs, the central bank said Thursday. The country's net terms-of-trade index for goods -- a gauge of trade terms -- came in at 89.9 in December, up 1.9 percent from a year earlier, according to the Bank of Korea (BOK). It marked the highest since 90.4 tallied for August last year. The index is calculated by dividing the export price index by the import price index. The base year is 2010 with a benchmark index of 100.

S. Korea's trade terms improve for 9th straight month in Nov.

SEOUL, Dec. 23 (Yonhap) -- South Korea's terms of trade improved for the ninth consecutive month in November as import prices fell at a faster pace than export costs, the central bank said Monday. The country's net terms-of-trade index for goods -- a gauge of trade terms -- came in at 89.7 in November, up 2.7 percent from a year earlier, according to the Bank of Korea (BOK). The index is calculated by dividing the export price index by the import price index. The base year is 2010 with a benchmark index of 100.

S. Korea's trade terms improve to 4-month high in Oct.

SEOUL, Nov. 22 (Yonhap) -- South Korea's terms of trade improved to a four-month high in October as import prices fell at a faster pace than export costs, the central bank said Friday. The country's net terms-of-trade index for goods -- a gauge of trade terms -- came in at 89.2 in October, up 3.2 percent from a year earlier, according to the Bank of Korea (BOK). The on-year growth rate in October marked the fastest gain since June when the trade terms rose 5.4 percent from the previous year.

S. Korea's trade terms improve to 3-month high in Sept.

SEOUL, Oct. 23 (Yonhap) -- South Korea's terms of trade improved to a three-month high in September as import prices fell at a faster pace than export costs, the central bank said Wednesday. The country's net terms-of-trade index for goods -- a gauge of trade terms -- came in at 89.7 in September, up 2.4 percent from a year earlier, according to the Bank of Korea (BOK). The on-year growth rate in September marked the fastest gain since June when the trade terms rose 5.4 percent from the previous year.

S. Korea's trade terms improve to 27-month high in July

SEOUL, Aug. 23 (Yonhap) -- South Korea's terms of trade rose to a 27-month high in July as import costs declined at a faster pace than export prices, the central bank said Friday, extending the improving trend for the sixth straight month. The country's net terms-of-trade index for goods -- a gauge of trade terms -- came in at 90.9 in July, up 1.5 percent from a year earlier, according to the Bank of Korea (BOK).

S. Korea's trade terms improve to 26-month high in June

SEOUL, July 23 (Yonhap) -- South Korea's terms of trade improved to a 26-month high in June as import costs fell at a sharper pace than export prices amid the global economic slowdown, the central bank said Tuesday. The country's net terms-of-trade index for goods -- a gauge of trade terms -- came in at 90.5 in June, up 5.4 percent from a year earlier, according to the Bank of Korea (BOK). The on-year growth in the trade terms in June slowed from a 6.1 percent on-year gain tallied in May, but the June reading marked the highest since the index hit 91.4 in April 2011.

S. Korea's trade terms improve in May

SEOUL, June 21 (Yonhap) -- South Korea's terms of trade improved in May as import costs fell at a faster pace than export prices amid declining oil prices, the central bank said Friday. The country's net terms-of-trade index for goods -- a gauge of trade terms -- came in at 90.1 in May, up 6.5 percent from a year earlier, according to the Bank of Korea (BOK). The May figure also compares with the 5.4 percent on-year gain in April. The index is calculated by dividing the export price index by the import price index. The base year is 2010 with a benchmark index of 100.

trade terms-February tally

SEOUL, March 22 (Yonhap) -- South Korea's terms of trade worsened to a 10-month low in February as exports lost steam due to the economic slowdown and reduced working days, the central bank said Friday. The country's income terms-of-trade index came in at 100.7 in February, down 1.1 percent from a year earlier, according to the Bank of Korea (BOK). The February data compared with an 18.2 percent on-year gain in January and was the steepest decline since a 5.3 percent on-year fall in April.
Syndicate content