Rising food prices

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Worldwide food price hike has been headache for the Korean consumers. There seems no limit on the rising prices of crackers especially. Last year, Korean government introduced a policy which forces companies not to indicate prices on the confectioneries. The policy was designed to take down confectionery prices through competition among companies who would keep their products prices more cheaper than those of the other companies. But the companies are taking advantage of the policy to raise their prices. Instead, The companies are so cooperative to raise the prices with the benefit of the policy. Their products do not worth buying at the prices because the companies fail to increase the quality of theirs. What I could do now at the moment is not to buy the product which is of course not healthy food. We need to express our strength in consumption.

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