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South Korea Import Prices Rise In March

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South Korea’s import prices and export prices increased at faster paces in March, data from Bank of Korea showed on Thursday.

Import prices rose 35.5 percent year-on-year in March, following a 30.7 percent growth in February.

Export prices increased 22.8 percent annually in March, following a 20.5 percent rise in the previous month.

On a monthly basis, import prices gained 7.3 percent in March, following a 4.6 percent increase in the preceding month.

Export prices grew 5.7 percent monthly in March, following a 2.2 percent rise in the prior month.

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