Tag: Markets
N. Korea launches crackdown as market prices surge nationwide
North Korean authorities have begun taking aggressive action against nationwide price increases that started in mid-February, Daily NK has learned.
"The government has launched a...
N. Korean parents spend small fortunes on misrepresented growth supplements
Like their counterparts south of the border, more North Korean parents are buying supplements to help their children grow taller, Daily NK has learned.
With...
Grain prices surge as N. Korea enters annual spring food shortage
Grain prices across North Korean markets have begun climbing since mid-February, reversing the downward trend observed since December. With the arrival of the annual...
N. Korean markets fall silent as merchants and customers vanish
North Korean marketplaces are experiencing a significant decline in activity. Sources indicate both customer traffic and merchant presence have notably decreased.
Recent photos obtained by...
N. Korean won surges against yuan as market prices fall
North Korean market prices have been declining for over a month, reversing last year's continuous upward trend. The most dramatic change has been in...
Laser beauty treatments highlight growing wealth gap in N. Korea
Laser skin treatments are gaining popularity in North Korea's major cities, drawing significant interest among women, Daily NK has learned.
According to a source in...
N. Koreans abandon won as currency redenomination fears spread
Amid persistent rumors of currency redenomination, North Koreans are increasingly shunning the domestic won in favor of foreign currencies. This growing distrust is accelerating...
N. Korean won plunges, market prices double as economic divide deepens
Market prices in North Korea have roughly doubled since last January, according to Daily NK's latest findings.
The North Korean won has seen a dramatic...
Kim Jong Un’s winter coat sparks new fashion trend in N....
Padded coats inspired by North Korean leader Kim Jong Un's recent attire have begun appearing in North Korean markets. The garment could become this...
Beer cards and black markets: Inside Pyongyang’s popular beer hall
Pyongyang's Taedonggang Beer Hall is drawing steady crowds despite winter weather, with customers to the bar rising amid New Year festivities, Daily NK has...