Energy inflation

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Energy inflation

 
Soaring energy prices are taking a toll on Korea's trade balance while adding to inflationary pressures. The total imports of three major energy sources — crude oil, natural gas and coal — totaled $38.5 billion from January 1 through March 20, up 85.4 percent compared to the same period the previous year, according to the Korea Customs Service Monday. [YONHAP]

Soaring energy prices are taking a toll on Korea's trade balance while adding to inflationary pressures. The total imports of three major energy sources — crude oil, natural gas and coal — totaled $38.5 billion from January 1 through March 20, up 85.4 percent compared to the same period the previous year, according to the Korea Customs Service Monday. [YONHAP]

 
 
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