Producer prices have fallen to their lowest level in five years and seven months due to a drop in international oil prices.
 
The Bank of Korea said Friday that the producer price index was at 99-point-31 in November, down zero-point-three percent from the previous month.
 
The figure is the lowest since April 2010.
 
The on-month producer price index declined for five months in a row since July. The index has fallen on-year for 16 months in a row since August last year.
 
Producer prices of primary metal products fell two-point-seven percent on month while coal and petroleum product prices dipped zero-point-nine percent. Industrial product prices also inched down zero-point-eight percent, but fresh food prices rose five-point-two percent.