The rate of inflation in South Korea reached a 29-month high in March as higher fuel and food costs continued to push consumer prices upwards.
The Consumer Price Index rose by 4.7% in March from a year ago, according to the statistical office.
The BBC reports it was the second consecutive month that inflation has been above the central bank's maximum target of 4%.
However, analysts say that this is unlikely to prompt the Bank of Korea to raise interest rates immediately.
According to the latest government data, shipments from South Korea grew by 30% in March compared to the same month a year ago.
Exports for the month stood at $US48.6 billion compared with $US45.5 billion worth of imports.
