Prices of imported agricultural goods rise amid strong US dollar

The prices of major imported agricultural goods in South Korea have risen sharply in recent years, outpacing global price increases due to the weakening of the South Korean won against the US dollar, data showed Sunday. According to the Bank of Korea, the import price index for coffee came to 307.12 in November in US dollar terms and 379.71 in Korean won terms, with 2020 set as the base year at 100. The figures indicate that global coffee prices have risen about threefold over the past five year