South Korea: Apple retail prices in March fell 3.6% compared to February, 18% higher than last year

(Seoul = Yonhap News) Reporter Kim Yun-gu = Last month, the retail price of apples remained 18% higher than a year ago, but fell 3.6% from the previous month. According to the Agro-Fisheries and Food Trade Corporation's agricultural product price information site on the 1st, the average retail price of apples (based on 10 Fuji products) in March was 27,030 won. This is an increase of 4,156 won (18.2%) compared to the same period last year (22,847 won), but a decrease of about 1,000 won (3.6%) compared to last February (28,06 won). Compared to the same month last year, the retail price increase rate for apples reached 22.2% in February, but fell 4 percentage points to 18.2% in March. This is believed to be because the government expanded discount support and supported the delivery price (4,000 won per kg) as apple prices soared in the wake of a sharp decline in apple production. The retail price of apples was close to 30,000 won just a month ago, but has recently remained around ...