Customers at a hypermarket in Seoul look at eggs on March 10, as prices continue to rise amid the spread of highly pathogenic avian influenza, which has led to expanded culling and reduced production.
Following suspicions that farms colluded to fix farm-gate egg prices, which have recently surged, the Fair Trade Commission has launched an on-site investigation.
Consumer prices rose 2.6 percent in August compared to the same period a year ago, according to Statistics Korea on Thursday. August was the fifth consecutive month in which consumer prices rose more than 2 percent.
Consumer prices rose 2.6 percent in July compared to a year earlier, the fourth consecutive month they rose more than 2 percent.
With egg prices soaring, supermarkets are rationing purchases as panic grips consumers and the government is intervening.
Korea JoongAng Daily Sitemap
