Prices will rise again...Hamburger and beer prices increase = South Korea

There are growing concerns that prices, which had been showing signs of slowing, may rise again. Hamburger and beer companies announce increase in shipping prices as fighting between Israel and Hamas continues in the Middle East
is also stimulating prices. According to the Korea Statistics Authority's national statistics portal on the 29th, the consumer price index for the restaurant sector last month was 118.34, an increase of 4.9% from the same month last year. This results in
The rate of increase in food prices has slowed for five consecutive months since April (7.6%) this year. Processed food prices also rose to 7.5% in June, then rose to 6.8% in July, 6.3% in August, and 5.8% last month.
It has slowed down for consecutive months. However, recently, the prices of items such as hamburgers and beer have been raised, raising concerns that the price burden may become heavier again.
Korean beer company OB Beer will be releasing major beer products such as CASS and HANMAC from the 11th of this month.
Increased warehouse prices by an average of 6.9%. This is the first time in 19 months since March last year that OB Beer has raised the price of domestic beer. MOMS, a popular Korean hamburger and chicken brand
Starting from the 31st, TOUCH will increase the prices of four types of burgers that use chicken breast as an ingredient. Starting from the 2nd of next month (November), McDonald's will increase the average price of 13 menu items to 3.
Increase by 7%. This is the first time McDonald's has increased prices in eight months since February. Some say that the situation in the Middle East, such as the escalation of fighting between Israel and Hamas, will also stimulate food prices in South Korea.
Ru. Last month's processed food consumer price index rose 5.8% from a year ago and 15% from two years ago. Edible oil prices fell 0.1% from a year ago, but rose 55.1% compared to two years ago.
The price of wheat flour increased by 44.8%. Food prices also increased by 4.9% from one year ago and by 14.3% from two years ago. Hamburger and Jajangmyeon are 19.6% and 19.9% respectively compared to two years ago.
It went up.