Import price index gained 1.2 percent in February from a month earlier after advancing 2.5 percent in the prior month, according to the Bank of Korea (BOK).
Dubai crude, South Korea's benchmark, averaged 80.88 U.S. dollars per barrel in February, up 2.6 percent compared to the previous month.
The average won/dollar exchange rate climbed to 1,331.74 won per dollar in February from 1,323.57 won recorded a month earlier.
Price for imported raw materials added 2.4 percent in February on a monthly basis after spiking 4.0 percent in the previous month.
Import price for intermediary goods, including oil products, went up 0.8 percent last month, lower than an increase of 1.7 percent in the prior month.
Price for imported capital goods was unchanged, but consumer goods price increased 0.5 percent last month.
Export price index picked up 1.4 percent in February on a monthly basis, after mounting 3.1 percent a month earlier.
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