The Seoul city government announced on the 5th that it will supply 7,000 bundles of spinach at a 57% discount compared to the regular price through the Seoul Agricultural and Fishery Products Corporation and Lotte Mart.
This discount event is part of the 'Seoul Agricultural Products Fair Price Project' that the city is promoting through public-private partnerships. When large supermarkets secure agricultural products whose prices have surged, the city will support part of the expense to supply them at lower prices than the market.
Earlier, through this method, 'half-price carrots' were sold in January of this year.
The price of spinach, which is the discounted item, has risen by 187.8% compared to the previous month as of the end of July.
The discount event will take place from the 7th to the 13th for six days at 14 Lotte Mart locations in Seoul. However, sales will not occur on the 10th, which is a Sunday mandatory closure. The Lotte Mart Cheongnyangni branch will rest on the 13th, as its mandatory closure day is Wednesday.
Customers can purchase one bundle of spinach for 2,990 won, compared to the regular price of 6,990 won. The total supply amount is 7,000 bundles (approximately 250g per bundle).
In addition to this event, the Seoul city government plans to take various measures to stabilize prices in line with the vacation season.
Kim Myung-sun, the director of the Fair Economy Division in Seoul, noted, "We will continue to strive to allow residents to purchase agricultural products that are in high demand and have seen price surges at lower prices through public-private partnerships."