In the News (South Korea): Farmers’ Market Gains Popularity Amid Surging Agricultural Prices
Prices of agricultural and fish products are skyrocketing due to the unprecedented harsh weather that has rattled the country the last few months.
And with a strong demand for raw produce ahead of Chuseok, or Korean Thanksgiving… the average price of fresh food hit a six-year high in August.
According to Statistics Korea, seafood prices increased 10.5 percent year-on-year, fresh fruit by 17.2 and vegetables by 24.7 percent.
Overall, the price of fresh food surged by 20 percent on average compared to the same period last year.