Tag: prices
North Korean factory foods pile up unsold
North Korea boasts that its factory output is improving people's lives, but many factory-made food products sit unsold well past their expiration dates.
"The products...
N. Korean rice prices stabilize at record highs
North Korean rice prices have settled around 12,000 won per kilogram after breaking the 10,000 won barrier for the first time on record. Meanwhile,...
Dietary supplements become status symbol in N. Korea
Dietary supplements are booming in North Korea, becoming a status symbol among officials and the wealthy elite who use them to display prosperity.
According to...
N. Korea’s vehicle smuggling halt drives used car prices through the...
Used car prices have skyrocketed in the North Korean border city of Hyesan since smuggling operations were suspended in mid-May. Dealers are exploiting the...
Kim Jong Un’s favorite cigarettes command premium prices in China
North Korean cigarettes known as "7.27" — favored by leader Kim Jong Un — are gaining popularity in parts of China's Liaoning province despite...
Reality check: N. Korea’s agricultural mechanization vs. rising hand tool costs
Despite North Korea's repeated emphasis on agricultural mechanization, farmers continue to depend on basic hand tools like shovels, hoes, pickaxes and sickles. With rice...
N. Korea’s west coast wheat and barley crops face severe stunting...
Wheat and barley crops growing on North Korea's west coast are severely stunted.
A source in South Pyongan province told Daily NK that winter wheat...
State-sanctioned smuggling revives hope in N. Korean border economy
North Korea is conducting both imports and exports through state-sponsored smuggling operations in the Hyesan area of Ryanggang province. Local residents are increasingly optimistic...
Wonsan-Kalma facilities must register foreign currency payment systems
North Korea has ordered all commercial facilities in the Wonsan-Kalma Coastal Tourist Zone to register their electronic foreign currency payment systems by May 14.
The...
N. Korean car smugglers face heavy losses as Chinese traders inflate...
Used car smugglers in Hyesan are growing increasingly frustrated over mounting debts caused by Chinese sellers charging excessive prices for vehicles.
"Large cargo trucks carrying...
