South Korea's producer prices grew at a faster pace in February than the previous month as oil prices picked up and the local currency depreciated to the dollar, the central bank said Monday.
The producer price index, a barometer of future consumer inflation, grew 0.7 percent in February from the previous month, after rising 0.2 percent on-month in January, according to the Bank of Korea (BOK).
The data marked the fastest gain since a 0.7 percent on-month gain in February 2012.