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Korea's food inflation surges to third-highest in OECD

South Korea's food inflation spiked to 6.95 percent in February, the third-highest among member countries of the Organization for Economic Cooperation and Development. The OECD statistics for February announced Sunday reveal that Korea ranks third among 38 OECD member countries in terms of food and non-alcoholic beverage inflation, trailing only Turkey with 71.12 percent and Iceland with 7.52 percent. This marks. ....

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South Korea food inflation ranks third highest among OECD nations

ANN/THE KOREA HERALD – South Korea’s food prices jumped to 6.95 per cent in February, ranking third among the Organization for Economic Cooperation and Development (OECD). Korea placed third among 38 member countries in food and beverage inflation, following Turkiye at 71.12 per cent and Iceland at 7.52 per cent in the latest OECD report […] ....

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Dongdaemun Yupdduk's record sales confirms growing popularity of 'tteokbokki'

Dongdaemun Yupdduk, one of Korea s major tteokbokki franchises that started as a small street market vendor in 2002, has broken its annual sales record by surpassing 100 billion won ($73 million), according to the franchise operator, Hotseasoner, Thursday. ....

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Korean F&B Franchises Turn to Japan for Overseas Expansion

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[Graphic News] Four out of 10 households say their children don't eat kimchi

A recent survey on Korea’s kimchi consumption has shown a shift in preference toward shop-bought kimchi rather than home-made kimchi. And 4 out of 10 households found that their children did not eat kimchi. According to the 2023 Kimchi Industry Survey Analysis Report by the Korea Agro-Fisheries & Food Trade Corp., 40.9 percent of the 3,183 households surveyed answered that their children do not consume kimchi. . ....

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