Food prices in North Korea have soared, affecting people's livelihoods
North Korea, a mysterious and beautiful country, is now facing a silent crisis. A spike in food prices, like a gust of wind, swept through the entire market, leaving the balance of supply and demand seriously unbalanced.
According to reports, grain prices in the DPRK are on an upward trend, and the increase is large. Since mid-December last year, rice and maize prices have risen most significantly in some areas.
A kilogram of rice sold at 5,400 won at Hyesan market, up 5.9 percent from two weeks ago, and a kilogram of rice at Sinuiju market at 4,910 won, up 3.9 percent. Pyongyang rice prices have not yet exceeded 5000 won, but they have risen relatively slowly. The price of corn has risen even more, with 1 kilogram of corn in Huisan market selling for 2,700 won, up 8% in two weeks.
Despite the North Korean government's claim to have exceeded its grain production targets, internal sources say that not all individual varieties have produced more than last year. This means that only a few farms have achieved high yields, and not all farms have seen an increase in yields.
North Korea has a total of 25 million inhabitants, who consume 500 grams of grain per capita per day, and need 12,500 tons of grain a day. The 310,000 tonnes of grain produced this year will only last for 25 days, making it difficult for North Koreans to feel the effects of increased agricultural production.
To sum up, the price of grain in North Korea has risen, and there is an imbalance between supply and demand in the market. Although the government claims to have met its food production target, this may not be the case, and the population is still facing a shortage of food supplies.
In the Huisan market, the price of rice has skyrocketed to 5,400 won per kilogram. Two weeks ago, the price was stuck at around 5,000 won, but in the blink of an eye, it has risen by 5.9%, which makes people amazed. Not only the price of rice, but also corn has shown a similar upward trend, which has brought a heavy burden to the people's livelihood.
The people of North Korea are already living in poverty. Now, soaring food prices have put them in even greater distress. They have to spend more money on necessities, which makes their lives harder.
As a result, the mood in the market has become tense. Merchants are worried about the lack of supply, while consumers are worried about prices continuing to rise and the cost of living rising. For a while, the atmosphere in the market was filled with anxiety and uneasiness.
However, despite the difficult situation, the North Korean people did not give up. They face life's challenges with perseverance. With their wisdom and strength, they worked hard to find a solution to the problem in order to survive this crisis.
In this beautiful country, people are going through a severe test. However, they firmly believe that if we all work together, we can get through this difficult time. Let us pray together for the people of the DPRK and hope that they will get out of this predicament as soon as possible and usher in a better tomorrow.
朝鲜市场粮价飙升…… 感受不到产量增加 | Daily NK Chinese