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SEOUL Danny Rose England Jersey , Sept. 13 (Xinhua) -- South Korea's import prices rose for the second consecutive month through August on more expensive crude oil, central bank data showed Wednesday.
The import price index, which is reflected in headline inflation with a certain time gap, came in at 81.22 in August, up 1.5 percent from a month earlier, according to the Bank of Korea (BOK). From a year earlier Danny Drinkwater England Jersey , the index jumped 9 percent.
It was attributable to higher price of crude oil, almost all of which South Korea depends on oil-exporting countries to use.
Dubai crude, the country's benchmark, averaged 50.22 U.S. dollars a barrel in August, up 5.6 percent from the prior month.
Prices for imported raw materials gained 2.8 percent in August from a month earlier, with those for imported coal and oil products rising 1.4 percent.
Prices for imported capital and consumer goods added 0.6 percent and 0.2 percent respectively.
The export price index gained 0.5 percent in August from the previous month. From a year earlier Daniel Sturridge England Jersey , the index soared 10.7 percent.
Prices for exported diesel and gasoline advanced 4 percent and 9.2 percent each. The exported farm goods prices climbed 2.3 percent.
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Athletics will get a lower share of Olympic revenues in the future after the International Olympic Committee (IOC) on Wednesday recalculated the federations' revenues according to their contribution to the Games.
The 26 sports federations at the London 2012 Olympic Games divided up $519 million based on their IOC ranking, with athletics, the flagship sport of the Games, expected to receive around $47 million as the only one in the top-earning Group A.
However, the new plan for the Rio de Janeiro 2016 revenue distribution has five categories of sports instead of four Chris Smalling England Jersey , with athletics no longer enjoying all of the Group A pot.
""Athletics will get less money than in the past. Gymnastics and swimming have moved up to Group A,"" Andrew Ryan, executive director of the Association of Summer Olympic International Federations, told reporters.
Under the previous breakdown, Group B sports received about $22 million each, Group C $16 million and sports in Group D about $14 million.
Like athletics Charles Barkley England Jersey , it was bad news for equestrian, handball, hockey and modern pentathlon which dropped a level and will now be getting less.
But table tennis, badminton, boxing, judo Andros Townsend England Jersey , archery, shooting and weight lifting are expected to benefit from the recalculation.
Ryan said it was not clear how much money would be made available to the federations according to their new ranking after Rio, but said he did not expect a sharp jump in the overall payment to federations given most broadcast contracts - the biggest source of revenue for the IOC - had already been signed.
Federations saw a 15 percent rise in revenues from $256.1 million after the 2004 Olympic Games in Athens to $296 million following the 2008 Games in Beijing.
Far bigger broadcasting contracts mean a 75 percent rise after London.
For International Association of Athletics Federations chief Lamine Diack, the reduced share did not change his sport's status within the Games.
""We are the only universal sport in the Games,"" Diack told reporters.
(Agencies)
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