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Pyongyang
April 1, 2020

Tag: Market Economy

North Korea Market Price Update: March 20, 2020

All prices shown in KPW and current as of March 20, 2020. Data: Daily NK

N. Korean real estate prices remain stable despite economic downturn

North Korea’s real estate prices have remained stable amid global fears of price falls due to the economic stagnation caused by the spread of...

North Korea Market Prices Update: February 27, 2020

All prices shown in KPW and current as of February 27, 2020. Data: Daily NK

N. Korea orders major organizations to fend for themselves

North Korea has ordered major provincial organizations, military-run factories and other facilities to prepare a months' worth of food, signalling that the state is...

North Korea Market Prices Update: Feb. 18, 2020

All prices shown in KPW and current as of February 18, 2020. Data: Daily NK

N. Korean rice sellers raking it in thanks to skyrocketing prices

The rise of North Korean rice prices have led to massive profits for rice wholesalers who acquired rice from China before the closure of...

N. Korea shuts down transit in and out of Sinuiju

North Korean authorities in Sinuiju have shut down transit in and out of the city presumably as part of efforts to prevent the spread...

N. Korean state orchestrates lower prices for soybean oil, sugar

State interventions in the market has led to price drops for some commodities in North Korea's local markets, while other commodity prices remain higher...

North Korea Market Prices Update: February 11, 2020

All prices shown in KPW and current as of February 11, 2020. Data: Daily NK

N. Korea uses military law to punish smuggling on border

North Korean leader Kim Jong Un recently ordered that smuggling in the border areas as well as the abetting or concealing of such activities...

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