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No.525 2007.09.13 Korea National Council of Consumer Organizations
Regular survey on daily necessities: Seoul and Busan recorded the highest numbers of most expensive products

Press Release No. 525, Issued on 13 Sep. 2007

Korea National Council of Consumer Organizations

Regular survey on daily necessities: Seoul and Busan recorded the highest numbers of most expensive products

A regular survey on daily living necessities conducted in August revealed that of 37 products, the price of lettuce rose the most (59.1%), followed by spinach (15.6%), yogurt (11.0%), Chinese cabbage (4.8%), melon (6.0%), watermelon (9.3%), beef (1.8%) and dried anchovies (1.2%). In the meantime, the prices of pork (1.3%), imported beef (1.7%) and beer (0.4%) decreased. Generally speaking, prices in Seoul were on the rise (showing a 1.9% increase from one month ago).

Although the consumption of stamina-boosting foods was typically expected to rise in August, the consumption of chicken increased only by 0.7% from a month ago. It appears that a large stockpile helped maintain the price at a similar level to the previous month. Of fruits, the prices of watermelon (9.3%) and melon (6.0%) were on the rise due to the increasing demand for seasonal fruits, and the prices of marine products fluctuated according to regional supply and demand.

Goyang City recorded the highest total average prices for 37 products, posting 205,221 won, while Wonju City recorded the lowest at 186,520 won.

Seoul and Busan, having recorded 5 of the 37 most expensive items nationally, turned out to have the highest number of the most expensive items in Korea, whereas Chuncheon City which posted 8 (radish, melon, fruit juice, bottled water, sesame oil, cooking oil, detergent and diapers) of the most inexpensive items, was found to have the highest number of the most inexpensive products. The following table shows Korea’s most expensive and inexpensive products by region.

『The most expensive and inexpensive products in Korea』

 

The most expensive items

The most inexpensive items

Seoul

5: Watermelon, eggs, ramyeon, yogurt, beer

1: Spinach

Busan

5: Soybean curd, powdered milk, Choco Pie, tissue paper, diapers

2: Sugar, toothpaste

Incheon

-

-

Ulsan

3: Milk, bottled  milk, soju

-

Suwon

1: Flour

1: Yogurt

Goyang

3: Rice, coffee, cooking oil

4: Soybean curd, ham, beer, flour

Chuncheon

1: Lettuce

8: Radish, melon, fruit juice, bottled water, sesame oil, cooking oil, detergent, diapers

Wonju

2: Canned tuna, toothpaste

1: Powdered milk

Cheongju

1: Pork

-

Daejeon

1: Imported beef

-

Jeonju

3: Chicken, ham, Juice

3: Mackerel, canned tuna, tissue paper

Gwangju

4: Dried anchovy, sea weed, sesame oil, hot pepper paste

2: Chinese cabbage, ramyeon

Daegu

2: Spinach, detergent

2: Dried anchovies, soju

Changwon

4: Chinese cabbage, radish, melon, Korean beef

3: Milk, hot pepper paste, chicken

Jinju

-

3: Rice, lettuce, coffee

Jeju

2: Mackerel, sugar

7: Watermelon, Korean beef, pork, imported beef, sea weed, eggs, Choco Pie

▶ For inquiries, please contact: Manager Eun-ji Lee (02-774-4050)



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