Cost of Eating Out in S. Korea Hits 23-Month High in Jan

SEJONG, Feb. 5 (Korea Bizwire) – The cost of eating out in South Korea rose to the highest level in nearly two years in January as a hike in ingredients and labor expenses drove up meal prices, data showed Saturday. The cost of meals sold at local restaurants and cafeterias increased 2.8 percent in January compared with a year earlier, the highest since February 2016, according to the data compiled by Statistics Korea. Prices of cafeteria and boxed [...]