A woman looks at the milk options displayed at a discount mart in Seoul on Sunday. The October consumer price index (CPI) for milk rose 14.3 percent on year, the highest surge since August 2009.
Prices of Seoul Milk products will increase 6 percent on average starting Nov. 17 due to the hiked prices of raw milk, according to Seoul Dairy Cooperative Thursday.
Raw milk prices, intended to be in place for two years starting Aug. 1, are due to be finalized Thursday after four rounds of talks between dairy farmers and dairy producers that started on May 29.
Korea JoongAng Daily Sitemap