Coffee and shampoo prices in North Korea fall to Earth after soaring last year



News Coffee and shampoo prices in North Korea fall to Earth after soaring last year Source reports decline from pandemic highs, but expert says foreign good costs may not reflect broader economic trends Ifang Bremer September 22, 2022 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON A supermarket in Pyongyang, May 2009 \| Image: Eric Lafforgue Prices of some foreign goods in Pyongyang appear to have stabilized following a price surge last year, according to price data obtained by NK News, even as trade with the outside world remains at a fraction of pre-pandemic levels. A source in the North Korean capital told NK News that a bottle of Chinese-made shampoo sells for $29 as of September — a fortune for the average North Korean but far cheaper than in June 2021, when imported shampoo cost hundreds of dollars. Prices of some foreign goods in Pyongyang appear to have stabilized following a price surge last year, according to price data obtained by NK News, even as trade with the outside world remains at a fraction of pre-pandemic levels. A source in the North Korean capital told NK News that a bottle of Chinese-made shampoo sells for $29 as of September — a fortune for the average North Korean but far cheaper than in June 2021, when imported shampoo cost hundreds of dollars. Become a member for less than $5.75 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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Coffee and shampoo prices in North Korea fall to Earth after soaring last year

Source reports decline from pandemic highs, but expert says foreign good costs may not reflect broader economic trends

Ifang Bremer September 22, 2022

Coffee and shampoo prices in North Korea fall to Earth after soaring last year

A supermarket in Pyongyang, May 2009 | Image: Eric Lafforgue

Prices of some foreign goods in Pyongyang appear to have stabilized following a price surge last year, according to price data obtained by NK News, even as trade with the outside world remains at a fraction of pre-pandemic levels.

A source in the North Korean capital told NK News that a bottle of Chinese-made shampoo sells for $29 as of September — a fortune for the average North Korean but far cheaper than in June 2021, when imported shampoo cost hundreds of dollars.

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