Mom's inflation

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Mom's inflation

 
People pass by Mom’s Touch, a chicken burger franchise, in Seoul on Tuesday. The Korean franchise announced that it will be raising the price of 50 items on its menu starting Thursday. The price hike comes just six months after the franchise raised the price of 37 items in February. The price of its signature Thigh Burger will be raised from 4,100 won ($3.1) to 4,300 won. According to Statistics Korea, last month, the cost of dining out rose 8.4 percent, a 30-year high. [YONHAP]

People pass by Mom’s Touch, a chicken burger franchise, in Seoul on Tuesday. The Korean franchise announced that it will be raising the price of 50 items on its menu starting Thursday. The price hike comes just six months after the franchise raised the price of 37 items in February. The price of its signature Thigh Burger will be raised from 4,100 won ($3.1) to 4,300 won. According to Statistics Korea, last month, the cost of dining out rose 8.4 percent, a 30-year high. [YONHAP]

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