[Photo] Ministry of Agriculture to Expand Rice Discount Amid Soaring Prices

According to data compiled by the Korea Agro-Fisheries & Food Trade Corporation, the average retail price of a 20kg bag of rice stands at 60,294 won, marking a 17.2% increase compared to last year. On September 5, rice is displayed for sale at Hanaro Mart Yangjae branch in Seocho-gu, Seoul. The Ministry of Agriculture, Food and Rural Affairs announced that, in light of the recent rise in rice prices, it plans to raise the ongoing discount on 20kg bags of rice-conducted in cooperation with major retailers since August 1-from 3,000 won to 5,000 won starting September 11.

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