Flower Industry Hit by High Production Cost, Depressed Consumption

SEOUL, Feb. 4 (Korea Bizwire) – The local floricultural industry is facing a downturn despite the annual graduation season, industry sources said Thursday, due to increasing production costs and stagnant consumption. At a high school graduation ceremony held earlier this week at Changwon, South Gyeongsang Province, 90 percent of the flowers that were being sold [...]