Export prices in South Korea were up 0.3 percent on month in December, the Bank of Korea said on Wednesday – following the 1.1 percent contraction in November.

On a yearly basis, export prices dropped 6.0 percent following the 8.6 percent drop in the previous month.

Import prices fell 1.0 percent on month in December after shedding 1.7 percent in November.

Import prices also plummeted 11.9 percent on year following the 15.6 percent decline in the previous month.

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