[Photo] 3rd Quarter Food Prices Rise 5.0%, 4th Highest in OECD... Last Month Up 6.1%

In the third quarter of this year, domestic food prices in Korea rose by 5.0% compared to the same period last year, marking the fourth highest increase among OECD member countries. According to Statistics Korea and the OECD on the 5th, Korea's food and non-alcoholic beverage prices in the third quarter (July to September) increased by 5.0% compared to the same period last year. The prices of food and non-alcoholic beverages, known as "bapsang" prices, slowed to 1.6% in October as prices of agricultural, livestock, and fishery products stabilized, but in November, prices of both agricultural, livestock, and fishery products and processed foods surged again to 6.1%. The photo shows a large supermarket in downtown Seoul on the 5th. / Reporter Kim Hyun-min kimhyun81@