Fruit consumer price 2.0%↓, apple and pear prices remain high in South Korea

As seasonal fruits such as melons, watermelons, and blueberries began to be shipped in earnest, the fruit consumer price index fell. The prices of apples and pears continued to skyrocket as storage volumes ran out. According to the July consumer price trend announced by Statistics Korea on the 2nd, the fruit price index fell 2.0% from last month, showing a downward trend for two consecutive months. This is because seasonal fruit crops are good and supply is smooth. Compared to the same period last year, fruit prices were lower by 17.7% for melons, 2.5% for watermelons, and 1.3% for blueberries. Peaches and grapes rose slightly by 2.2% and 5.1%, respectively, compared to the previous year, but overall price trends are stable. The prices of apples and pears jumped by 39.6% and 154.6% compared to the same month last year as storage supplies were almost exhausted. However, the proportion of apples and pears among fruit sales at large supermarkets in July was low at 9.7%, so it is ...