Import prices fall again in October on stronger Korean won, lower oil prices
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Import prices fell again in October driven by a stronger Korean won and lower oil prices, central bank data showed Friday. The import price index dropped 1.8 percent month-on-month last month, reversing from a 1.9 percent gain in September, according to the preliminary data from the Bank of Korea (BOK). The index had declined for three consecutive months since June. The BOK said the month-on-month decline came as the Korean won strengthened against the U.S. dollar by 1.6 percent over the one-mon
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