S. Korea's terms of trade index down for 21st consecutive month in August: BOK
- 5 years ago
South Korea's terms of trade fell for the twenty-first month in a row in August due to weaker exports, particularly shipments of computers and electronics.
According to the Bank of Korea on Friday,... the country's net barter terms of trade index in August was 90-point-six-two last month,... down more than four percent on-year.
Terms of trade measures the amount of imports a country can buy for each unit of exports relative to the base year 2010.
South Korea's export volume index declined nearly six percent on-year in August.
According to the Bank of Korea on Friday,... the country's net barter terms of trade index in August was 90-point-six-two last month,... down more than four percent on-year.
Terms of trade measures the amount of imports a country can buy for each unit of exports relative to the base year 2010.
South Korea's export volume index declined nearly six percent on-year in August.