Ramen and sweets are all up from tomorrow... price domino raise

<Anchor>

There are many items whose price tag changes as soon as the holidays are over.

From tomorrow (15th), the price of ramen and sweets, which people are looking for a lot, will rise one after another, and electricity and gas rates will rise soon.

After reading the report of reporter Jung Jun-ho who covered this content, we will continue the economic story.

<Reporter>

Choco Pie, a national snack that has not risen in price for 9 years.

Starting tomorrow, the selling price at supermarkets and convenience stores will increase by 12.5%.

Based on convenience stores, the price of one pie rises from 400 won to 50 won more.

[Park Kookmin / Yeongdeungpo-gu, Seoul: Employees live like this a lot for snacks.

It's almost expensive now, but it's going to be around 10,000 won (based on 27 pieces) soon, right?

Oh, I don't think it's easy to buy some now.]

The company's explanation is that it is difficult to sustain itself any longer due to supply chain instability and rising prices of essential raw materials such as wheat and palm oil.

Other processed foods are also on the rise.

The price of Shin Ramyun and Shrimp Crackers will increase by about 10% from tomorrow, and Bibim Noodles from next month.

Ramen and 5 confectionery products cost about 20,000 won, and if the price increase is reflected in the future, you will have to pay at least 2,000 won more.

As imported grain prices peaked in the third quarter of this year and turned to a downward trend, food prices were expected to subside.

But even this has become uncertain due to the soaring exchange rates.

The price of vegetables is still high, so some franchised burger makers have announced that they will remove or reduce lettuce.

Electricity and gas rates are scheduled to rise next month, and taxi fares are likely to rise as well.

(Video coverage: Kim Se-kyung, Video editing: Yoon Tae-ho)

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<Anchor>

[Reporter Kim Jung-woo: Yes.

Currently, prices are rising all over the world.

According to economics textbooks, the best way to control inflation is to raise interest rates to calm consumer sentiment.

For this reason, the US Federal Reserve and the Central Bank of Korea, to some degree, are now walking the same path.

In the case of the United States, the base rate has been raised steadily since last March, and I don't know right now whether this will work or not, but that doesn't mean there is no clear way, so the Bank of Korea is likely to continue raising the base rate this year.]

[Correspondent Kim Jong-won: Last night, until the consumer price index came out in August, there were many predictions like this, if you raise it by 0.75 percentage points this time, it will raise it a lot, or it may be possible to raise it by 0.5 percentage points.

However, after the price announcement came out, raising the 0.75 percentage point has become the norm, and the forecast of raising the price by 1 percentage point all at once has increased by almost half.

Some financial institutions are even talking about raising the interest rate by 1 percentage point more within this year, raising the interest rate by 2 percentage points in total.]

[Reporter Kim Jung-woo: Not only ordinary people but also experts are deeply troubled.

Even this morning, the won-dollar exchange rate will not exceed 1,390 won.

So, recently, even experts cannot predict how far the won/dollar exchange rate will go.

As a result, it is pouring rain, but instead of going out and getting rained, we have to come inside and watch the weather change.

I am also giving this advice.

In fact, the number of people who withdraw money from the stock market to make savings or savings accounts is increasing.

In fact, investment is a personal choice, but you need to look carefully at the time now. I think this situation will be good.]

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