S. Korea's terms of trade index down for 21st consecutive month in August: BOK
- 5 years ago
South Korea's terms of trade got worse in August for the 21st month in a row... due in particular to weaker shipments of computers and electronics.
According to the Bank of Korea,... the net barter terms of trade index in August was 90-point-six-two,... down more than four percent on-year.
Terms of trade measures the amount of imports a country can buy for each unit of exports.
In the same period, South Korea's export volume index was down nearly six percent.
According to the Bank of Korea,... the net barter terms of trade index in August was 90-point-six-two,... down more than four percent on-year.
Terms of trade measures the amount of imports a country can buy for each unit of exports.
In the same period, South Korea's export volume index was down nearly six percent.