Korea's export and import prices go up in September

Newly-released figures from South Korea's central bank show prices for both exports and imports went up last month.
Kim Hyesung has the details.
Korea's export and import prices both rose in September.
According to the Bank of Korea Tuesday, export prices went up zero-point-three percent on-month.
While the local currency remained steady at around 1-thousand-121 Korean won against the greenback... rising coal and petroleum goods prices led the gain in industrial goods' prices, which went up zero-point-three percent.
Prices of agricultural and marine products rose 1-point-two percent on-month on higher prices of frozen marine exports.
Import prices in September rose sharply by one-point-five percent on-month, and near ten percent on-year on rising global oil prices.
Korea's benchmark, Dubai crude, soared six-point-five percent on-month to an average of 77 dollars a barrel last month.
Imports of consumer goods and intermediary goods went up slightly, and raw material prices jumped four-point-five percent on month.
Export and import prices affect future consumer prices, so this could mean higher inflation in the months to come.
Kim Hyesung, Arirang News.