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    Home > Food News > Food Articles > Statistics: South Korea's eight public catering prices will increase across the board in 2022

    Statistics: South Korea's eight public catering prices will increase across the board in 2022

    • Last Update: 2023-02-02
    • Source: Internet
    • Author: User
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    SEOUL, Jan.
    4 (Yonhap) -- As prices continue to soar, prices of South Korea's major fast food varieties are also rising
    sharply.
    Eight Korean popular restaurants, including gimbap, fried sauce noodles and pork belly, increased prices
    across the board last year.
     
    According to data from the Korean Consumer Institute price information platform "True Price" on the 4th, based on the price in Seoul in December last year, the average price of the eight most representative Korean catering foods increased from January last year, with the highest increase of 13.
    8%.

     
    The data shows that the average unit price of fried sauce noodles increased the most, at 13.
    8%.

    It rose from 5,769 won (about 32.
    21 yuan) at the beginning of the year to 6,569 won
    in December.
    This was followed by pork belly (per 200 grams) up 12% to 19,031 won and gimbap up 11.
    9% to 3,100 won
    .
    In addition, the prices of ginseng chicken soup (11.
    2%), knife-cut noodles (9.
    8%), bibimbap (7.
    9%), cold noodles (7.
    8%), and kimchi soup (5.
    9%) also increased
    from the beginning of the year.
     
    According to data from the Statistics Agency, the price of eating out rose by 7.
    7% in 2022, a new high
    in the 30 years since 1992 (10.
    3%).
    During the same period, the consumer price index (CPI) rose 5.
    1% year-on-year, the highest level
    in 24 years after the 1998 financial crisis (7.
    5%).
    (End)
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