* Aug exports +35.7% year/year, imports +46.4% year/year -
* July industrial output -0.1% s/adj m/m vs +2.2% in June -
* Aug CPI +2.3% year/year vs +2.6% in July - poll
* Trade data due on Sept. 1, 9 a.m.
SEOUL, Aug 30 (Reuters) - South Korea's exports are expected
to have expanded for a 10th straight month, a Reuters poll
showed on Monday, supported by robust demand for key items, even
as the resurgence in coronavirus weighed on business sentiment.
Outbound shipments in August were seen growing 35.7% from a
year earlier, the median forecast in a poll of 14 economists
showed, accelerating from a 29.6% expansion seen in July.
"Exports will be supported by strong imports from advanced
economies, memory chip demand, and seasonal demand for certain
key items, which will help cushion near-term headwinds from
softer regional demand and coronavirus-related supply
disruptions," said Lloyd Chan of Oxford Economics.
Data from last week showed exports for the first 20 days of
the month jumped 40.9% year-on-year, with those of
semiconductors, petroleum products and cars surging 39.8%, 55.3%
and 37.0%, respectively.
Economists, however, worry that the impact from the
fast-spreading Delta variant across the region may weigh on the
"Export growth may slow gradually going forward, given that
the resurgence in COVID-19 may weaken business sentiment and
demand for durable goods, and disrupt the supply chain further,"
said Chun Kyu-yeon, economist at Hana Financial Investment.
Monday's poll also forecast South Korea's total imports to
have risen 46.4% year on year, faster than a 38.1% increase in
July and set for the sharpest growth since May 2010.
Full month trade data will be released on Wednesday at 9
a.m. local time (0000 GMT).
In the same poll, 15 economists separately predicted that
consumer prices this month would rise 2.3% from a year earlier,
down from a 2.6% increase marked in July but still staying above
the central bank's 2%-target for a fifth month in a row.
Some 10 economists also estimated that industrial output in
July would have shrank a median 0.1% month-on-month, sharply
reversing a 2.2% expansion seen in June.
(Reporting by Joori Roh; Additional reporting by Vivek Mishra,
Shaloo Shrivastava, Md Manzer Hussain in Bangalore and Jihoon
Lee in Seoul; Editing by Hugh Lawson)