Korea's food price growth rate is the third largest in the world
Kim Minyoung
kimmy@alphabiz.co.kr | 2024-04-22 03:05:28
[Alpha Biz= Reporter Kim Minyoung] The growth rate of food prices in Korea has surpassed the average level of major advanced countries again in more than two years, a report showed.
According to data compiled by the Organization for Economic Cooperation and Development (OECD), Korea's "food and non-mainstream drinks" inflation rate stood at 6.95 percent in February, exceeding the OECD average of 5.32 percent.
As of February, Korea's food and non-mainstream beverage inflation rate was the third-highest among the 35 member countries where statistics were compiled, after Turkey (71.12%) and Iceland (7.52%).
[ⓒ AlphaBIZ. 무단전재-재배포 금지]
많이 본 기사
- 1TSMC Dominates Global Foundry Market With Nearly 70% Share as Samsung Falls Further Behind
- 2KFTC Slaps $2.3M Fine on 9 Pork Suppliers for Rigging Bids at E-mart
- 3LG Chem, Lotte Chemical Warn of Possible Force Majeure as Naphtha Supply Disrupted by U.S.–Iran Conflict
- 4Prosecutors Raid Korea Ratings Data Over Alleged Credit Rating Manipulation for Bribes
- 5Airfare Surges as Fuel Surcharges Triple Amid U.S.-Iran Conflict; Record Monthly Hike Stuns Market
- 6Retailers Brace for BTS Comeback Concert Crowd in Seoul