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South Korea Export Prices Hit 28-Year High

South Korea’s terms of trade improved last month by the widest margin since data collection began, as rising semiconductor prices and falling international oil prices converged simultaneously.

  • South Korea's export prices reached a 28-year high in July 2026.
  • Semiconductor costs rising and oil prices falling boosted trade terms.
  • Export price index hit record high, surpassing 1998 levels.

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