Tag: commodities
Understanding inflation in North Korea: Demand-pull and cost-push dynamics in a...
North Korea's economy is experiencing a period of acute instability, characterized by rising consumer prices, currency depreciation, and increasing policy uncertainty. Inflation in particular...
North Korea’s currency crisis drives unprecedented price inflation
North Korean markets are experiencing severe price inflation as the U.S. dollar continues strengthening against the local currency, creating economic hardship across the country.
Multiple...
New data shows N. Korea rice prices hit highest level since...
North Korea's market rice prices have once again reached a record high.
According to Daily NK's regular survey of market prices in North Korea, a...
N. Korea’s currency crisis forces return to barter economy
The North Korean won has plunged in value, driving exchange rates for U.S. dollars and Chinese yuan to record highs. In response, North Koreans...
North Korean food prices soar as currency crisis deepens
North Korean food prices have hit record highs, deepening hardship across the country.
According to Daily NK's regular market survey, rice prices exceeded 8,000 North...
North Korean and Chinese traders explore new smuggling routes amid rising...
North Korean and Chinese traders operating in Sinuiju and Dandong are working to open a new sea-based smuggling route to circumvent international sanctions and...
N. Korean grain prices rise amid concerns about the “barley hump”
Grain prices in North Korean marketplaces faltered briefly before the Lunar New Year in early February, but they are now moving upward again. The...
What’s wrong with Kim Jong Un’s new policy to promote regional...
On Jan. 15, North Korea convened the 10th Plenary Session of the 14th Supreme People's Assembly, where North Korean leader Kim Jong Un announced...
Amid imports from China, N. Korean rice prices continue gradual march...
North Korean rice prices, which had already been declining due to recent imports of food from China, are continuing their slow march downwards in...
N. Korean fuel vendors face heavy crackdown by police
The North Korean authorities have recently launched a heavy crackdown on private vendors of fuel oil, Daily NK has learned.
Speaking on condition of anonymity,...
