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Korean food prices sky-high. 12% jump this year. CNN
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Zackback



Joined: 05 Nov 2010
Location: Kyungbuk

PostPosted: Wed Nov 28, 2012 11:22 am    Post subject: Reply with quote

That's ok because our salaries have been increasing at about just the same percentage.....right? Wink
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PatrickGHBusan



Joined: 24 Jun 2008
Location: Busan (1997-2008) Canada 2008 -

PostPosted: Wed Nov 28, 2012 12:15 pm    Post subject: Reply with quote

Zackback wrote:
That's ok because our salaries have been increasing at about just the same percentage.....right? Wink


The funny thing is salaries never tend to rise as quickly as cost of living does...odd isn't it?

For example, gas prices have risen by more than 30% where we live in the past few years...my salary sure has not...hm
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KimchiNinja



Joined: 01 May 2012
Location: Gangnam

PostPosted: Wed Nov 28, 2012 4:19 pm    Post subject: Reply with quote

Eating out prices seem the same in Seoul thru 2012, the standard 6000 each for a table full of awesomeness. Grocery store kills your wallet of course. Major ouch.
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weebil



Joined: 24 May 2009

PostPosted: Wed Nov 28, 2012 8:34 pm    Post subject: Reply with quote

related:
http://www.npr.org/blogs/thesalt/2012/09/20/161501075/high-food-prices-forcast-more-global-riots-ahead-researchers-say
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Steelrails



Joined: 12 Mar 2009
Location: Earth, Solar System

PostPosted: Wed Nov 28, 2012 9:30 pm    Post subject: Reply with quote

KimchiNinja wrote:
Eating out prices seem the same in Seoul thru 2012, the standard 6000 each for a table full of awesomeness. Grocery store kills your wallet of course. Major ouch.


Maybe because alcohol consumption is so rampant that merchants are able to compensate for lower profits on food with volume profits on alcohol.

You teetotalers should remember this. If it wasn't for us your fried chicken and samgyupsal would cost 1.5X as much.

Your welcome.
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dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Wed Nov 28, 2012 10:37 pm    Post subject: Reply with quote

Being a smart shopper gives you so many advantages.






Perhaps, because of the rising strength of the Korean won, this is a good time to tighten spending here and send as much back as you can. Shifting even 50,000-100,000 in your monthly budget from here to there could make a difference for you later.
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