Korean leek is 7,000 won, shopper worries on prices

Published Feb 27, 2021

Tridge summary

South Korea is experiencing a surge in food prices, with vegetables and fruits seeing the most significant increase. The price of green onions has doubled, and other items like leek, onions, green peppers, and apples have also seen substantial price hikes. The rise in food prices is due to increased international grain prices, which have led processed food prices to soar. The government has formed a group to address the issue but does not expect a quick resolution. Factors such as abnormal climate affecting crop growth and high international raw material prices are contributing to the rising food prices.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Food prices such as vegetables and fruits soared every day. Park-mo (62, female) sighed after going to a supermarket on the 25th to shop. This is because the price of agricultural products has risen gradually, with the price of a single green onion exceeding 7,000 won, which was around 6000 won three days ago. Mr. Park said, “Last year alone, I have to pay more than twice the amount of green onions that cost 3,000 won per unit. The shopping is scary,” he complained. Even after the Lunar New Year holidays, the'table price', including major agricultural and livestock products, is still marching high. As processed food prices jump in the aftermath of a surge in international grain prices, the burden on the common people is increasing. The government formed a countermeasure group to respond, but it is unlikely to be easy to resolve within a short period of time. According to the Korea Agricultural and Fishery Food Distribution Corporation (aT) on the 26th, the consumer price of leek ...

Source: Donga