“5,500 won for a hot dog?”… ‘There’s a reason why business isn’t happening these days’
“Delivery fees are crazy. During the coronavirus pandemic, I would order macarons if I wanted them and have raw fish delivered twice a month, but now my consumption pattern has completely changed. First of all, I cut down on delivery and coffee, and instead of eating out, I cook at home. I don’t buy clothes and go to large supermarkets. “It’s been a long time since I went.”
“Utility bills, including electricity, have risen so much that I am conserving all the water and electricity. I am saving everything except for loan interest, housing expenses, education expenses, insurance, and the bare minimum food expenses, which can never be reduced because I spend money just by breathing.”
Mr. A, who posted a post on a community on the 13th titled ‘The reason why business is not working these days,’ said, “There were posts like that in the메이저사이트 beauty community where I have been spending a lot in my own way,” and added, “They say self-employed people can’t do business, but most people say that “I think they will tighten their belts like this,” he said, expressing concern about recent inflation.
Regarding the scary rise in prices, “I tried to buy a hot dog at a rest area, but it was 5,500 won, so I didn’t eat it,” “I went to eat ramen, but it was 7,000 won per bowl,” “It’s not the owner’s fault that the price is high, but I didn’t take out my card,” “Minimum wage. Reactions such as “This is exactly what economists were concerned about when raising prices” and “A pack of 14 walnut snacks costs 6,000 won” continued. According to the ‘August 2023
Consumer Price Trends’ recently announced by Statistics Korea, the August consumer price inflation rate rose again to the 3% level after three months.
The consumer price index was 112.33 (2020=100), up 3.4% from the same month last year. This is the highest in four months since last April (3.7%).
Prices of agricultural, livestock, and marine products rose 2.7% due to heavy rain and heat waves.
Prices for agricultural products rose 5.4% compared to the same month last year as fruit prices rose, raising overall prices by 0.26%. The prices of fruit, including apples (30.5%), peaches (23.8%), and watermelons (18.6%), rose 13.1% compared to a year ago. Vegetable prices fell 1.1% compared to a year ago due to the base effect of a large increase in prices due to the heat wave in July last year. However, compared to the previous month, it increased by 16.5%. The price of livestock products such as domestic beef and pork fell 2.7% from a year ago, and the price of marine products such as squid rose 5.8%.
Electricity, gas, and water prices rose 21.1% from a year ago, recording an increase in the 20% range for 11 consecutive months. Personal service prices rose 4.3%, showing a relatively high rate of increase, and the inflation rate for dining out recorded 5.3%.