Data ministry to release daily price updates ahead of Chuseok
Korea's data ministry said Thursday it will release daily updates on the prices of major food items and fuel to help the government monitor price changes in real time and respond in a timely manner. The Ministry of Data and Statistics said it will release the figures from Thursday through Sept. 23 for 36 items, including apples, pears, eggs, flour and gasoline. The move comes as the country…
Korea's data ministry announced plans to release daily updates on the prices of essential food items and fuel ahead of the upcoming Chuseok holiday. The Ministry of Data and Statistics aims to monitor price changes in real-time and respond promptly. The data will be available from September 24 through September 23, covering 36 items such as apples, eggs, flour, and gasoline.
This move aligns with preparations for Chuseok, a Korean Thanksgiving-like celebration from September 24-27, which involves family reunions and consumption of traditional foods. The ministry will perform both physical and digital price surveys, sharing the findings with other relevant agencies to enhance inflation control policies.
The collected data will serve as crucial basic information for formulating effective consumer price policies during the Chuseok period. Data Minister Ahn Hyung-jun announced these measures.
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- Data ministry to release daily price updates ahead of Chuseok en.yna.co.kr
- Data ministry to release daily price updates ahead of Chuseok koreatimes.co.kr
