▪ While consumer and core inflation show stabilizing trends, agricultural and marine product prices continue rising.
▪ Agricultural and marine products impact on overall consumer price inflation has grown.
▪ Recent agricultural/marine price increases focus on fruits and vegetables due to poor harvests from cold weather, heavy rains, and insufficient sunshine.
▪ Current food sector CPI surpasses OECD average
▪ Government implements quota tariffs alongside fiscal programs including product discounts, vegetable price support, and check-off programs.
▪ Low-income households spend a higher proportion of their total food expenditures on agricultural/marine products (especially vegetables and grains), which should be considered when selecting items for price support.
▪ With rising agricultural distribution costs, reducing these costs and stabilizing prices through online wholesale markets is crucial.
▪ The government consistently uses import expansion and quota tariffs as price control measures.
▪ Agricultural/marine product stability requires producer organizations to autonomously manage sales, supply-demand, and pricing.