S.Korea's import price growth hits 9-month high in February
Contributed by NAMPA / Xinhua.
SEOUL, March 15 (Xinhua) -- South Korea's import price growth hit the highest in nine months in February on higher crude oil price, central bank data showed Friday.
The import price index stood at 86.56 in February, up 1.9 percent from a month earlier, according to the Bank of Korea (BOK). It was the fastest gain since May last year.
It was attributed to expensive crude oil. Dubai crude, South Korea's benchmark, averaged 64.59 U.S. dollars a barrel in February, up 9.3 percent from the previous m ...