South Korea's import and export prices prices both fell in January.
According to the Bank of Korea on Friday, the country's import price index fell point-eight percent from the previous month, marked by falling global oil prices.
The price of Dubai crude was around sixty-four U.S. dollars a barrel last month, down almost one percent on month.
South Korea's export prices were also down point-eight percent from last December.
The central bank said the fall in export prices was largely due to the weakening greenback against the local currency.