Recently, in South Korea, the price of snacks such as seaweed wrapped rice and fried rice cakes has risen, making many South Koreans directly call these "civilian snacks" of the past no longer civilians.
Niu Yifei, special correspondent of the Financial Channel: Recently, this snack chain with more than 200 branches in South Korea has raised the price of seaweed rice and fried rice cakes in two years. Among them, the price of seaweed wrapped rice, known as South Korea's "civilian snack", rose from the original 4,000 won to 4,300 won, about 23 yuan, an increase of nearly 10%. The operator said that the main reason for the price increase is the rising operating costs such as labor costs, coupled with the recent rapid rise in the price of eggs, vegetables and other ingredients for making seaweed rice. Even at the risk of customer churn, companies have to raise prices.
According to the latest data released by the Korea Statistics Agency, last month, the average price of South Korean seaweed wrapped rice was 2700 won, or about 15 yuan, an increase of more than 40% compared with the same period last year. In addition, the price of fried rice cakes, ramen and other foods has also increased by about 10%, making many South Koreans directly call "civilian snacks" no longer civilians.
Not only the seaweed wrapped rice, but also a medium-priced pizza chain that is popular with young Koreans, has also raised the price of about 25 foods in three years since this month. Other chains such as Pizza Hut have also adjusted the retail prices of some food products this year. Since more than 90% of South Korea's wheat, soybeans and other food crops rely on imports, the price of flour, biscuits, bread and other related foods has risen sharply due to the high international food prices. Next year, South Korea will raise the minimum hourly wage again, or it will push up food prices and overall inflation levels even further.
As South Korea relaxes epidemic prevention measures this month and people's consumption demand gradually picks up, the South Korean government said it will expand grain reserves based on rice, wheat and soybeans, increase the release of autumn cabbage, eggs and other agricultural and sideline products to the market, and stabilize market supply in various ways. (CCTV Finance)
Edit/Field