Rise in Cost of Dining Out Reaches 3% in June, Gov’t Urges Industries to Join Efforts for Price Stability

Rise in the cost of dining out reached three percent last month, surpassing the overall inflation of two-point-four percent, which prompted the government to urge related industries to join efforts to ensure price stability.

At a meeting with officials on Thursday, Vice Agriculture Minister Han Hoon said the government will enhance communication with industries to address difficulties that they are facing, while seeking to offer support and ways for institutional improvement.

The ministry plans to consult with related ministries to expand eligibility for foreign workers to find jobs in the food service industry in a bid to ease businesses’ labor cost burden.

The vice minister, meanwhile, assessed that industrial cooperation has led to the rise in prices of processed food products standing at one-point-two percent, lower than the overall inflation.

Prices of agricultural and livestock products, which grew seven-point-three percent on-year in June, fell two-point-two percent compared to the previous month.