Agriculture Minister Song Miryeong: "Price Reduction and Freeze Urgently Needed Like Pizza Alvolo"
Minister Song Visits Pizza Alvolo Mokdong Main Branch
Song Miryeong, Minister of Agriculture, Food and Rural Affairs, visited the Pizza Alvolo Mokdong main store on the 20th to encourage on-site staff who are implementing price reductions and to listen to their difficulties.
Despite challenges such as rising raw material and labor costs, Pizza Alvolo has been reducing prices by an average of 4,000 won on all pizza products since June 15 of last year through cost-saving measures.
On this day, Minister Song said, "As of February this year, dining-out prices have risen by 3.8%, still exceeding overall inflation. However, thanks to dining establishments like Pizza Alvolo that are lowering or freezing their selling prices, the rate of price increase for dining items such as pizza is gradually decreasing."
She then held a meeting on-site with the heads of five consumer and dining organizations, including the Korea Consumer Organization Council, the Citizens' Coalition for Economic Justice, the Korea Foodservice Industry Association, the Korea Restaurant Association, and the Korea Franchise Industry Association. At this meeting, Minister Song shared the recent severe inflation situation and requested that dining organizations make efforts to absorb price increase factors through cost reduction, and that consumer organizations cooperate by actively monitoring prices to contribute to price stability, in order to maintain the downward trend in dining prices.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- "It's Only May, but Convenience Stores Know... Iced Americano at 24°C, Tube Ice Cream at 31°C: The Thermometer of the Summer Sales Boom"
- Mother of Three Gang-Raped on Bus in India... Outrage as Bus Driver Implicated
- "I Hated Myself as Much as I Craved It"... Even a Mother's Tears and Brilliant Dreams Were Shattered [ChwiYakGukga] ⑦
Minister Song stated, "It is a critical time when cooperation between the public and private sectors is essential to quickly establish price stability. The government will continue to make sustained efforts to develop effective measures to ease the management burden on the dining industry, such as stabilizing food ingredient prices and resolving labor shortages."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.