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Pyongyang
March 28, 2023

Tag: Markets

As trade with China expands, N. Korea’s dollar and yuan exchange...

North Korea’s exchange rates for the dollar and yuan are holding steady as trade with China expands. According to Daily NK’s regular survey of market...

N. Korean rice prices fall due to expanding food imports from...

The price of rice in North Korea appears to be falling this month after skyrocketing past KPW 6,000 a kilogram in late February. Grain...

Early March rice prices most expensive of prices surveyed at same...

Early March rice prices in North Korea have hit their highest point ever compared to prices surveyed in early March over the past five...

Hyesan’s industrial goods sellers switch to sales of used items to...

With demand for industrial goods noticeably falling in Hyesan's markets, some industrial goods sellers are switching to sales of second-hand goods, a source in...

N. Korean rice prices skyrocket, possibly fueled by “patriotic rice” campaign

North Korean market rice prices have recently skyrocketed after holding steady since last November’s harvest. A nationwide campaign of soliciting donations of “patriotic rice”...

Liquid crystal TVs appear in markets in Pyongyang, Kaesong and Kangwon...

“Hc” liquid crystal TVs appeared in markets in Pyongyang, Kaesong and Kangwon Province, multiple sources in North Korea recently told Daily NK. The reports confirmed...

N. Korea’s rice prices fall slightly at the start of the...

Following a decision by North Korea’s government to supply grain to state-run food shops late last year, the country’s rice prices appear to have...

Chongjin cuts opening hours of markets to push people into national...

North Korean authorities have cut market operation hours as part of a strategy to push people into manure production, which is the first national...

N. Korea sells food more cheaply than markets through state-run food...

North Korean authorities are selling grain such as rice and corn through state food shops to mark the 10th anniversary of North Korean leader...

Despite influx of Chinese imports, N. Korean market sellers are still...

North Korean business people in local markets are complaining of stagnant sales and revenue despite the influx of imported Chinese foodstuffs driving down prices,...

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