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The KRW/USD rate rose 9.2% in January and the consumer price rose 3.6% YoY, 2.5 times higher, suggesting a 4% rise in February prices. The U.S. trade deficit rose 26.9% year-on-year in January to a record $859.1 billion. Korea's import surge is expected to increase inflation and trade deficits due to economic stimulus strengthening policies, as imports of crude oil, gas and coal in January of $1..

The sharp increase in imports led to a 48% increase from the same period of the previous year and a 30% increase annually, resulting in a trade deficit due to an explosive increase in energy. Until the 20th of this month, exports (customs clearance) amounted to $34.2 billion, up 36.1% ($9.1 billion) from the same period last year, but imports surged 48.0% to $36.7 billion. The increase in import..