In North Korea, people are concerned about inflation; shampoo costs Rs 14000, and the price of one kilogram of sugar will astound you.
Although food shortages have been widespread in North Korea in recent years, the situation in North Korea has deteriorated significantly. According to one assessment, the country only has two months of food left. Alam has come to believe in Kim Jong Un.
Although North Korea Food Crisis has become a recurrent occurrence in North Korea over the previous several years, the situation in North Korea has deteriorated significantly at this moment. According to one assessment, the country only has two months of food left. The situation has deteriorated to the point where Kim Jong Un himself must admit that the people of North Korea are starving for grain.
North Korea’s inflation rate has skyrocketed.
Sugar, soybean oil, and grain prices in North Korea are constantly rising. In North Korea, the price of one kilogram of maize had risen to 3137 Won. It costs Rs 200 per kg. Prices in North Korea began rising in June 2021 and have now reached new heights.
The main reason for the country’s food deficit is being attributed to the Kovid-19 limitations. North Korea is unable to receive food supplies as a result of border closures.
China lends the biggest assistance to North Korea. Since the outbreak of the pandemic, China’s food exports to North Korea have dropped by 80%.
According to the UN Food and Agriculture Organization, North Korea is facing a food shortage for two to three months. According to the research, if this gap is not bridged, North Korean families may risk famine by the end of October 2021.
North Korea is likewise experiencing a severe fertilizer shortage. To avoid a coronavirus epidemic, the North Korean government entirely sealed its borders in January 2020.
Since then, there has been a scarcity of food, fuel, and other necessities in this country. Apart from that, Kim Jong Un is facing international sanctions as a result of his behavior, and the situation in North Korea has never been worse in the last decade.
In North Korea, inflation has taken hold.
- Coffee costs Rs 7300 per kilogram.
- Tea leaves cost Rs 5100 per kilogram.
- Shampoo bottle costs Rs 14000.
- Maize costs Rs 204 per kilogram.
- Banana – 3300 rupees per kilogram that the people of North Korea are becoming intrigued by grain