Statistics Korea to Monitor Prices of Major Chuseok Seasonal Products Daily... 'Supply and Demand Support Measures'

Han Hoon, Commissioner of the Korea National Statistical Office (right), conducted a daily price survey for the Chuseok holiday on the 18th at Namguro Market in Guro-gu, Seoul, and is having a conversation with officials. (Photo by Korea National Statistical Office)

[Asia Economy Sejong=Reporter Son Seon-hee] As the Chuseok holiday approaches and concerns over price management rise, the Statistics Korea will conduct daily price surveys focusing on major seasonal products.

According to Statistics Korea on the 18th, this price survey will be conducted for 15 weekdays from the 19th of this month to the 8th of next month. The survey items include 23 agricultural, livestock, and fishery products such as beef, croaker, and fruits; 5 processed foods such as flour and tofu; 3 petroleum products; and 4 personal services (including dining out) such as pork belly and chicken, totaling 35 items. Prices will be surveyed daily through in-person visits and online methods, excluding holidays.

The Statistics Korea explained that the purpose is to support the government's Chuseok livelihood stabilization measures by investigating the prices of major items such as seasonal products and personal services on a daily basis to manage supply and demand of seasonal goods.

In this regard, Han Hoon, the Commissioner of Statistics Korea, visited a traditional market located in Guro-gu, Seoul on the same day to encourage the staff conducting field surveys amid the heat and to ask merchants for cooperation in the price survey. Commissioner Han stated, "We will provide accurate and prompt price statistics that form the basis for policy authorities' efforts to stabilize the supply of Chuseok seasonal products," and added, "We will continue to do our best to produce statistical information that supports scientific national administration."

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