Excessive increase in chicken prices, resulting in a decrease in chicken consumption of South Korea

[Korea Farmers and Fishermen Newspaper Reporter Kim Gyeong-wook] BHC increased by 3,000 won at the end of last year, etc. 6 famous franchise companies Prices raised on average twice in three years The maximum increase ranges from 5.9 to 16.6%. Consumers are criticizing chicken franchise companies that are continuously raising prices despite maintaining high operating profit margins. Above all, it is pointed out that excessive chicken price increases lead to a decrease in chicken consumption and an increase in the use of imported products. On the 3rd, the Korea Consumer Organization Council raised the issue of price increases by chicken franchise company BHC. According to the Consumer Group Council, BHC raised the price of chicken by up to 3,000 won starting December 29, bringing the price of chicken on its main menu to around 20,000 won. The reasons are said to be due to rising labor costs, commissions, and raw material prices, but the Consumer Group Council heard that BHC's ...