SEOUL  – South Korea's import prices fell in annual terms for a fifth month in June and marked the steepest drop in more than eight years, central bank data showed on Thursday, an indication of easing inflationary pressure. The import price index was 15.7 percent lower than the same month the year before, after a 12.3- percent fall in May, according to the Bank of Korea (BOK). It was the biggest percentage fall since April 2015. The index, measured in the won currency, fell 3.4 percent over the month, faster than the 3.

https://business.inquirer.net/410031/south-koreas-import-price-decline-in-june-steepest-in-8-years

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