Agflation Archives | Be Korea-savvy
From Apples to Cabbage, Grocery Bills Soar in South Korea Amid Agflation

From Apples to Cabbage, Grocery Bills Soar in South Korea Amid Agflation

SEOUL, Sept. 16 (Korea Bizwire) — South Korea is facing intensifying “agflation,” as surging agricultural prices add new pressure to household costs and expose deep structural weaknesses in the nation’s farming and distribution systems. Consumer prices for agricultural, livestock and fisheries products jumped 4.8 percent in August from a year earlier, the sharpest increase in [...]