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Average of W230,000 Needed for Chuseok Groceries

Written: 2015-09-24 12:55:45Updated: 2015-09-24 18:51:07

Average of W230,000 Needed for Chuseok Groceries

A study by a consumer organization shows that South Korean four-member families need to spend an average of 230-thousand won to prepare for the Chuseok holiday.
 
The Korea National Council of Consumer Organizations conducted a study on the prices of 24 popular Chuseok grocery items sold at 90 markets and supermarkets in Seoul.
 
The study found that four-member families will spend an average of about 233-thousand won, or approximately 195 U.S. dollars, to buy Chuseok groceries at supermarket chain stores.
 
Traditional markets were shown to be the most affordable for Chuseok shopping, requiring an average of 170-thousand won, or some 142 U.S. dollars. Local supermarkets averaged 200-thousand won, or nearly 168 U.S. dollars.
 
Livestock and fishery prices have gone up this year. The costs of yellow croaker fish and beef have jumped 56 percent and 12 percent, respectively, compared to last year, but prices for most fruits and vegetables are lower.

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