Banchan bypass
![Pedestrians walk past restaurants on a street in Myeong-dong, central Seoul, on Wednesday. Retail sale volume of food products in Korea shrank for the second year in a row in 2023, down 2.6 percent on year, according to Statistics Korea, Bank of Korea and Small Enterprise And Market Service, mainly due to high interest rate weighing down on household spending and high commodity prices. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/02/07/576eb675-f9ed-4fd2-9553-300470d1cf3a.jpg)
Pedestrians walk past restaurants on a street in Myeong-dong, central Seoul, on Wednesday. Retail sale volume of food products in Korea shrank for the second year in a row in 2023, down 2.6 percent on year, according to Statistics Korea, Bank of Korea and Small Enterprise And Market Service, mainly due to high interest rate weighing down on household spending and high commodity prices. [YONHAP]
with the Korea JoongAng Daily
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