South Korea: Fruits are expensive too this month

(Seoul = Yonhap News) Reporter Shin Seon-mi = With the prices of major agricultural products showing strong recent trends, it is predicted that the prices of some fruits and vegetables, including apples, will double the price of a year ago this month. On the 5th, the Korea Rural Economic Institute reported in the 'Agricultural Observation November Fruits' and 'Agricultural Observation November Fruits and Vegetables' reports that the wholesale price of apples (Fuji, commodity) this month was 50,000 to 54,000 won per 10 kg, 79.9% higher than a year ago. It was predicted that it would rise by ~94.2%, doubling the level. Compared to the average wholesale price, it is 87.2-102.2% more expensive. The average price is the average of the three years since 2018, excluding last year's maximum and minimum. The researcher also predicted that the price of pears (reported/product) would rise by 68.3-81.0% from a year ago to 53,000-57,000 won per 15 kg. Compared to the average price, it is ...