SEOUL, Sept. 16 (Xinhua) -- Price for imported goods to South Korea fell for two straight months in August due to cheaper crude oil, central bank data showed Friday.
The import price index slipped 0.9 percent in August from a month earlier, after skidding 2.6 percent in the previous month, according to the Bank of Korea (BOK).
Price for imported raw materials, including crude oil, declined 1.9 percent in the cited month.
Prices of Dubai crude, South Korea's benchmark, averaged 96.63 U.S. dollars per barrel in August, down 6.3 percent from the prior month.
Import price for coal and oil products retreated 5.8 percent last month, and price for chemical products dipped 0.6 percent.
Price for imported capital and consumer goods gained 1.1 percent and 0.4 percent respectively.
The export price index went down 0.9 percent in August from a month earlier, after sliding 2.5 percent in July.
Price for exported coal and oil products dropped 4.1 percent, and those for chemical and primary metal products were down 2.2 percent and 0.3 percent respectively. ■
