Yangpyeong County Mobilizes All Efforts for "Livelihood Economy and Price Stabilization" in Response to Middle East Instability

Six Dedicated Monitoring Staff Deployed On-Site
Inspections Cover 94 Items in Traditional Markets and Supermarkets

Yangpyeong County in Gyeonggi Province (Governor Jeon Jinseon) announced on March 31 its plan to stabilize the local economy and prices in response to recent instability in international oil and raw material prices caused by the ongoing war crisis in the Middle East, aiming to ease the financial burden on residents and invigorate the regional economy.

To prevent the growing external economic uncertainties from translating into higher living costs for residents, the county plans to implement both field-oriented price management and regional economic revitalization initiatives.

To prevent the growing external economic uncertainties from increasing the actual living expenses of local residents, the county plans to pursue on-site price management in parallel with projects to boost the local economy.

First, the county will strengthen the disclosure of price comparison data to provide residents with transparent price information and support rational consumption. To this end, six dedicated monitoring staff will be stationed in key areas such as Yangpyeong-eup, Yangseo-myeon, and Yongmun-myeon to regularly survey a total of 94 items, including daily necessities, agricultural, livestock and fishery products, dining-out expenses, and fuel. The survey results will be posted twice a month on the Yangpyeong County Office website, making them accessible to everyone.

In particular, to address concerns over rising fuel prices, the county is intensively inspecting whether gas stations are complying with the government’s petroleum price ceiling guidelines and monitoring for unfair price increases. In addition, the county is implementing a five-day rotation system for public and staff vehicles to help save energy and improve air quality.

Meanwhile, the recent rumors of a “packaging material crisis due to a naphtha shortage” have been confirmed to be untrue. The county is working with manufacturers to secure a sufficient supply of volume-based waste bags, and, as there are no disruptions in supply, has urged residents to refrain from unnecessary hoarding and to purchase only what is needed.

Furthermore, the county is strengthening its support and management for “Good Price Stores,” which help stabilize prices by offering services at affordable rates. This year, it is conducting a comprehensive inspection of all 72 designated stores (including 62 restaurants, beauty salons, etc.) in the first half of the year. In the second half, the county plans to expand the number of designated stores and increase material support through an open call for applications. Notably, the last Friday of every month has been designated as “Good Price Store Day” to encourage small business support and rational spending. Detailed information on each store can be found on the Ministry of the Interior and Safety’s Good Price Store website or the county’s own website.

On March 28, Yangpyeong County successfully held the “Attractive Yangpyeong Business Fair” to help local businesses expand their sales channels, providing a boost to local consumption. In addition, the county will continue to promote the “Top 10 Economic Priority Actions” campaign, launched in July 2025, focusing on strengthening the region’s economic self-sufficiency through the joint efforts of public officials and residents.

Governor Jeon Jinseon of Yangpyeong County stated, “Although economic difficulties are expected due to the worsening situation in the Middle East, we will protect the daily lives of our residents through comprehensive price management and preemptive economic revitalization measures,” adding, “We will listen to voices from the field and make stabilization of livelihoods that residents can truly feel our top priority.”