The inflation rate climbed above two percent in January for the first time in five months. 

Statistics Korea said Wednesday that the country’s consumer price index stood at 115-point-71 in January, up two-point-two percent from a year earlier.

It marks the largest on-year increase since July, when the index rose two-point-six percent.

Consumer prices grew one-point-six percent in September, falling to the one percent range for the first time in three-and-a-half years and staying there for the next four months. 

The prices of agricultural, livestock and fishery products rose one-point-nine percent in January, while the prices of petroleum products rose seven-point-three percent year-on-year. 

Core inflation, which excludes volatile food and energy prices, rose one-point-nine percent in January from a year earlier.