Seollal Holiday Goods 'Record High' 134,000 Tons Released... Consumer Coupon Limit Raised from 10,000 to 20,000 Won

Ministry of Agriculture, Food and Rural Affairs Announces Supply Stability Measures for Lunar New Year Seasonal Products

On the 15th, ahead of the Chuseok holiday, citizens are purchasing essential goods at Mangwon Market in Mapo-gu, Seoul. To stabilize the perceived inflation during the Chuseok holiday, the government has been implementing supply stabilization measures since August 30, including increasing the supply of 10 major essential goods by an average of 1.5 times compared to normal periods. Photo by Kim Hyun-min kimhyun81@

[Sejong=Asia Economy Reporter Kim Hyunjung] The government will supply 134,000 tons of essential goods, the largest ever, ahead of the Lunar New Year holiday, anticipating a surge in demand. The consumption coupon support limit to reduce purchasing burdens will be increased from 10,000 won to 20,000 won per person.

On the 13th, the Ministry of Agriculture, Food and Rural Affairs announced the Lunar New Year essential goods supply stabilization measures. Earlier, to proactively manage prices during the Lunar New Year, the government has been operating a joint task force with related agencies since December 14 last year, four weeks earlier than usual.

First, during the Lunar New Year period from the 10th to the 28th, the supply of the top 10 essential goods will be increased by an average of 1.4 times compared to normal times. The top 10 essential goods are napa cabbage, radish, apple, pear, chestnut, jujube, beef, pork, chicken, and eggs.

In terms of supply volume, this is the highest ever, about 41% more than the usual 95,000 tons, reaching approximately 134,000 tons. By category, agricultural products will be doubled, livestock products increased by 1.3 times, and forest products by 1.6 times.

Along with this, a consumption coupon discount event (20-30% discount) involving over 2,000 distribution networks nationwide will be held, and the discount coupon limit for agricultural and livestock products during the Lunar New Year peak season will be expanded from 10,000 won to 20,000 won per person. The related budget is a total of 39 billion won this year, with 15 billion won concentrated by the Lunar New Year.

Additionally, a campaign for sending Lunar New Year gifts linked to the revision of the Improper Solicitation and Graft Act will be conducted until the 4th of next month. The government will also expand the provision of thrifty consumption information such as essential goods prices and strengthen monitoring activities by mobilizing about 4,100 personnel to prevent damage from illegal distribution activities.

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