In the second half of this year, the food industry continues to raise prices.
This is because, while international grain prices have soared due to the Russia-Ukraine crisis, the price of imports has risen due to the sharp rise in the won/dollar exchange rate, resulting in increased manufacturing cost pressure.
According to the food industry on the 15th, Nongshim raised the prices of 26 ramen brands by an average of 11.3% from that day.
As a result, the selling price at convenience stores per bag of Shin Ramyun has increased from 900 won to 1,000 won. In the case of Shin Ramyun bowl noodles, the large cup increased from 1,250 won to 1,400 won, and the small cup increased from 1,000 won to 1,150 won, respectively.
Orion has raised the prices of its 16 products by an average of 15.8% from today.
If you look at the selling price at convenience stores, the price of a box of 12 Choco Pies has risen from 4,800 won to 5,400 won, exceeding 5,000 won.
Also, based on the selling price of convenience stores, Poca chips (66g) and Kobuk Chips (80g) were raised from 1,500 won to 1,700 won, respectively, and Yegam (64g) was raised from 1,200 won to 1,500 won.
In the case of Paldo, it is predicted that the price of 12 ramen products will increase by an average of 9.8% from the 1st of next month.
Based on the supply price, the increase is 9.8% for Paldo bibim noodles, 11.0% for king lids, and 9.9% for niche noodles.
Last month, CJ CheilJedang raised the convenience store price of Spam Classic (200g) by 6.7% from 4,480 won to 4,780 won, and increased the retail price of some ice cream products such as Binggrado Bungeo Samnco and Pangtoa by 20%. there is a bar
hy (formerly Korea Yakult) raised the price of its flagship product ‘Yakult Light’ from 200 won to 220 won on the 1st of this month by 10%.
Agricultural products prices have also risen significantly compared to a year ago in a situation where processed food prices are rising one after another.
This is due to a decrease in production due to poor crop yields due to weather such as heatwave and frequent heavy rain this summer.
Looking at the wholesale price of major agricultural products, the price of Chinese cabbage was 34,240 won per 10 kg as of the previous day, 2.3 times higher than 14,792 won a year ago, and it is twice the level of 17,875 won a month ago. .
Radish is 27,580 won per 20 kg, 2.5 times the 11,20 won a year ago, and carrots are 69,440 won based on 20 kg, which is twice the level of 35,8 won a year ago. done.
In the case of lettuce, supply and demand became unstable due to the influence of the 11th typhoon ‘Hinnamno’, which recently landed.
As a result, McDonald’s Korea in some stores put less or no lettuce in some menu items such as burgers, and Subway and Mom’s Touch are also known to have difficulties in supplying lettuce.
The increase in food prices is also leading to an increase in food prices.
According to the Consumer Agency price portal ‘True Price’, the average price of gimbap in Seoul last month was 3,46 won, up 2.59% from the previous month’s 2,969 won. The price of samgyeopsal (200g) increased by 1.7% to 18,364 won, and the price of kimchi stew white rice increased by 1.0% to 7,500 won.
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Source: 경제 by www.segye.com.
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