어플

Korea's food price growth rate is the third largest in the world

Lifestyle / Kim Minyoung / 04/22/2024 03:05 AM

 

[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 Kim Minyoung(kimmy@alphabiz.co.kr)

Related articles

Chinese “C-Franchises” Accelerate Expansion in South Korea, Led by Hotpot and Milk Tea Chains
KOSPI Rally Drives Margin Debt to Record High, Raising Volatility Concerns
Korean Content Creators Drive Surge in Travel to China, Foreign Media Highlights Trend
Pickpocketing Cases by Visa-Free Chinese Tourists Rise in Jeju
Korean Builders Set for Mixed Q1 Results Amid Rising Costs and Project Gains
comments >

SNS