South Korea's import and export prices both fell for the second consecutive month in September, due to the won’s appreciation against the U.S. dollar and a drop in global oil prices.
 
According to data from the Bank of Korea on Tuesday, the country's export price index reached 127-point-09 in September, down two-point-three percent from a month earlier.

The import price index fell two-point-two percent month-on-month to 135-point-19 in September. 

The central bank attributed the falls to the appreciation of the local currency, which strengthened one-point-four percent against the U.S. dollar last month.

Another factor was a decline in oil prices, with the price of Dubai Crude, South Korea's benchmark, slipping five-point-three percent month-on-month in September.