This surge was due to low stock levels from 2023 Last year, South Korea experienced significant price increases in food items, particularly in fruits and vegetables, according to data from Statistics Korea. Among 458 items in the consumer price index, Asian pears recorded the largest price hike, soaring by 71.9[Read More…]
Tag: Statistics Korea
South Korea’s rice consumption hits record low in 2024
The food and beverage industry consumed 873,363 metric tons of rice in 2024, marking a 6.9 per cent increase from the previous year South Korea’s per capita rice consumption hit a record low in 2024, continuing a decades-long decline, according to government data. Statistics Korea reported that the average South[Read More…]
