The French fashion house upped the prices of his best-selling products by around 6 to 7 percent, its first price increase in the country this year.
Consumer sentiment in the country declined in March after a three-month streak on the back of soaring food prices and depressed private spending.
Container shipping costs between Europe and Korea surged by almost 40 percent in February due to tensions in the Red Sea, the highest increase since 2019 since data compiled since 2019.
Amid soaring seafood prices, the wholesale price of gim (dried seaweed) per bundle jumped 38 percent on year to 9,072 won ($6.89), according to Korea Agro-Fisheries & Food Trade Corporation on Thursday.
Imported fruits are displayed at a large supermarket in Seoul on Feb. 18 following increased demand due to their relative affordability compared to domestic fruits.
The government plans to implement an open price system for wedding businesses to address overcharging and undisclosed fees. The plan includes expanding disclosure requirements and allowing museums and art galleries to be used as wedding venues.
Fruit prices soared 37.5 percentage points more than headline inflation on year, the largest ever, on the back of poor harvests due to abnormal weather.
The government has reiterated that it is not considering easing restrictions on the importation of apples and pears despite a 41.2 percent spike in fruit prices on year in February.
Nine of Soraepogu fish market's stores were caught tampering with their scales during a government examination on Monday.
Gold bars displayed at the Korea Gold Exchange in Jongno District, central Seoul, on Tuesday.
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