S.Korea's import price keeps rising for 6 months in October

Price for imported goods to South Korea kept rising for the sixth consecutive month in October due to a higher price for crude oil and raw materials, central bank data showed Friday.

The import price index stood at 130.43 in October, up 4.8 percent from the previous month, according to the Bank of Korea (BOK).

The index hit the highest in almost nine years since February 2013, continuing to increase for six months since May.

Price for imported mining products soared 11.1 percent in October from a month earlier, and the price for coal and oil products spiked 10.8 percent.

Dubai crude, South Korea's benchmark, averaged 81.61 U.S. dollars per barrel in October, up 12.4 percent from the previous month.

The import price for capital and consumer goods gained 0.3 percent and 0.8 percent each last month.

The export price index came in at 116.18 in October, up 1.6 percent from a month earlier. The index kept increasing for 11 straight months since November last year.

Price for exported coal and oil products advanced 12.3 percent, and those for chemical and primary metal products added 2.2 percent and 1.9 percent respectively.