September 15, 2020 12:35
A heat wave followed by a record monsoon against the background of the coronavirus epidemic has resulted in a poor harvest and made the ritual Chuseok table much more expensive.
By some projections prices could soar by up to 25 percent.
Korea Price Information last week said that it will cost W275,000 to prepare a ritual table this year for a family of four if the food is bought in an outdoor market, up 16.5 percent from last year (US$1=W1,184). But if they come from the supermarket, they will cost W404,730, up 24.7 percent.
KPI pointed out that while the Chuseok holiday comes about 15 days later than last year, unusually hot weather in the early summer and frequent rain and typhoons have delayed the ripening of fruits and vegetables. The coronavirus epidemic also led to declining production as people tightened their purses.
Lee Dong-hoon at KPI said, "People should leave it as late as possible to buy their produce for Chuseok to get better quality."
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