"Bibimmyeon Also Rises" Paldo Raises Ramen Prices by an Average of 7.8%
[Asia Economy Reporter Lim Hye-seon] Paldo announced on the 13th that it will raise the price of ramen by an average of 7.8% starting September 1. This is the first price increase for all products in 9 years and 2 months since June 2012.
The price increase rates for major products based on supply price are 10.9% for Bibimmyeon, 8.6% for Wang Ttukbaegi, 6.1% for Dosirak, and 6.3% for Ilpum Haemul Ramen. Actual retail prices may vary depending on the distribution store.
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A Paldo official said, "Despite the continuous rise in manufacturing costs over the past few years, we have delayed price increases as much as possible to minimize the burden on consumers," adding, "We will continue to repay consumers' love with safer and more delicious products."
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