This Year's Chuseok Ancestral Rite Cost at Market: 237,800 Won... 4% Increase from Last Year

At Large Retailers, Price Rises 6.6% to 336,800 Won...

[Sejong=Asia Economy Reporter Kim Hyunjung] The Korea Agro-Fisheries & Food Trade Corporation announced on the 10th that the cost of setting up a Chuseok ancestral rite table this year rose by 4.0% and 6.6% compared to the previous year, with traditional markets at 237,800 KRW and large retail stores at 336,800 KRW, respectively. This survey was conducted on the 9th, covering 28 Chuseok seasonal items at 18 traditional markets and 27 large retail stores nationwide.

Due to the prolonged rainy season and consecutive typhoons, prices of vegetables such as napa cabbage and radish have increased. The proportion of large-sized ritual apples has decreased due to poor growth, and chestnuts, whose imports have declined and domestic demand has increased, are also showing an upward trend. The government plans to increase the supply of 10 major seasonal items, including apples, pears, and beef, by 1.3 times compared to normal periods during the two weeks before Chuseok to stabilize supply and demand.

Additionally, to create a safe consumption environment for domestic agricultural products, seasonal items will be sold at discounts of 10 to 50% through e-Hanaro Mart, Handon Mall, and other platforms. The government also plans to actively utilize non-face-to-face purchasing channels by intensively scheduling holiday seasonal product sales broadcasts on public home shopping channels.

Baek Taegeun, head of the aT Supply Management Department, explained, "To help households practice economical consumption ahead of Chuseok, we plan to provide information on the cost of purchasing Chuseok seasonal items twice more on September 17 and 24."

Detailed information on the cost of purchasing Chuseok ancestral rite table items and related materials can be found on the aT Agricultural Products Distribution Information website or smartphone app. Information on offline markets such as direct transaction markets is available on the Baro Information website.

This content was produced with the assistance of AI translation services.