The Bank of Korea released preliminary January 2025 export and import price indexes and related trade indexes, showing the Export Price Index (KRW basis) rose 1.2% month on month and 8.5% year on year, while the Import Price Index (KRW basis) increased 2.3% month on month and 6.6% year on year. The update also reported that the net barter terms of trade index increased 3.1% year on year in January 2025, with further details provided in the accompanying attachment.
Bank of Korea 2025-02-14
Bank of Korea publishes preliminary January 2025 trade indexes with export prices up 1.2% and import prices up 2.3%
The Bank of Korea released preliminary January 2025 data showing the Export Price Index rose 1.2% month-on-month and 8.5% year-on-year, while the Import Price Index increased 2.3% month-on-month and 6.6% year-on-year. The net barter terms of trade index increased 3.1% year-on-year.