South Korea increases monitoring of key agricultural product prices and stocks critical resources to combat inflation.
South Korea is intensifying monitoring of key agricultural product prices and building up state reserves of oil, gas, and other critical resources to combat inflation. In July, consumer prices rose 2.6% year-on-year, driven by high fruit, vegetable, and petroleum prices. The government plans to extend napa cabbage supplies, support cabbage farms, and manage stockpiles of essential resources in emergency situations.
August 09, 2024
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