Tag: Market Economy

Rising grain prices in N. Hamgyong Province’s cities cause anxiety among...

Grain prices in Chongjin and other cities in North Hamgyong Province have been increasing since mid-August, causing rising anxiety over food shortages, a source...

North Korean market prices for rice reach yearly high

North Korean market prices for rice recently reached a yearly high, and a five-year high for prices recorded in early September. According to Daily NK’s...

Wheeled suitcases are nowhere to be found in N. Korea’s markets

North Korea's lifting of restrictions on domestic travel has led to rising demand for wheeled suitcases, but potential buyers are finding that the suitcases...

Two clothing wholesalers in Pyongsong make fortune from bra-making business

After the outbreak of COVID-19, two clothing wholesalers in Pyongsong, South Pyongan Province, have made a fortune from selling women’s bras, a source in...

N. Korean digital watch all the rage in N. Hamgyong Province

A North Korean-made digital watch has recently become popular in North Hamgyong Province, Daily NK has learned. Speaking on condition of anonymity, a source in...

N. Korean corn prices fall after unripened corn, potatoes start circulating...

North Korean corn prices recently plummeted after unripened corn and potatoes started circulating in the country’s markets, Daily NK has learned.  According to Daily NK’s...

N. Korean market grain prices plummet amid harvest and increasing imports

Grain prices at North Korean markets have recently fallen across the board, Daily NK has learned. While grain prices were still rising at the end...

N. Hamgyong Province market sellers still find it hard to make...

In North Hamgyong Province, market prices of some food items are falling to pre-COVID-19 levels, but food sellers are still finding it hard to...

Hyesan’s state-run food shops allow households to buy more grain

State-run food shops in Hyesan recently relaxed limitations on how much grain a single household is allowed to purchase, Daily NK has learned.  “Now, one...

Hoeryong intensifies crackdowns on street vendors

Hoeryong authorities have once again intensified crackdowns on street vendors, seriously threatening their livelihoods, Daily NK has learned. Speaking on condition of anonymity for security...

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