The Korea National Council of Consumer Organizations' Price Monitoring Center said on the 30th that prices rose an average of 3.3% after it surveyed prices for 38 daily necessities and manufactured goods sold at 420 retailers in Seoul and Gyeonggi in the third quarter.
The top five items by price increase were coffee mix (18.7%), eggs (15.4%), cereal (10.0%), ham (9.6%), and beer (8.2%). The average increase for the top five items reached 12.4%.
By product, Dongsuh Foods "Maxim Mocha Gold Mix" and NAMYANG DAIRY PRODUCTS "French Café Cafe Mix" stood out for their price increases. They rose 19.2% and 18.2%, respectively.
Eggs were also sold at an average of 8,452 won per tray. Lower laying rates and unstable supply pushed farm prices above normal levels, affecting retail prices.
Post "Corn Flakes" and CJ CheilJedang "Spam Classic" also rose 11.8% and 9.6%, respectively.
The Price Monitoring Center said, "Consumer staples rose due to factory price hikes," and noted, "With the climate crisis and global geopolitical tensions likely to persist, long-term price stabilization strategies and supply chain management are needed."