Core Insights - The July import price index in South Korea rose to 134.87, marking a 0.9% month-on-month increase, ending a five-month decline since February [1] - The rise in import prices was influenced by increases in international oil prices and the Korean won's exchange rate against the US dollar [1] - The July export price index also increased by 1.0% to 128.19, ending a four-month downward trend [1] Import Price Details - Raw material prices increased by 1.5%, while intermediate goods, capital goods, and consumer goods rose by 0.6%, 0.5%, and 0.5% respectively [1] - Notable price increases were observed in methyl ethyl ketone, precious metal refining products, flash memory chips, and secondary batteries [1] - The exchange rate of the Korean won against the US dollar rose by 0.6%, and the average price of Dubai crude oil increased by 2.3% [1] Export Price Details - Agricultural, forestry, and fishery products saw a price increase of 4.2%, while mining products rose by 1.0% [1] - Significant price increases were noted in computers, electronics, optical instruments, coal, and petroleum products, with frozen seafood, diesel, and DRAM also showing notable rises [1] Trade Indices - In dollar terms, the July import quantity index and value index increased by 7.8% and 1.8% year-on-year, respectively [1] - The export quantity index and value index rose by 8.2% and 4.3% year-on-year, respectively [1] - The net commodity trading conditions index increased by 2.1% year-on-year, marking 25 consecutive months of growth, attributed to a larger decline in import prices compared to export prices [1] - The income trading conditions index rose by 10.5% year-on-year, benefiting from the increases in net commodity trading conditions and export quantity index [1]