korea\s food price hike 2nd highest among oecd members
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Korea\'s food price hike 2nd highest among OECD members

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Seoul - Yonhap

South Korea\'s food prices rose at the second highest rate among Organization for Economic Cooperation and Development (OECD) members in 2011, mainly due to unfavorable weather conditions, a report showed Thursday. The report by the Paris-based organization showed the country\'s food prices jumping an average 7.9 percent in the January-November period, with only Estonia\'s growth being steeper at 9.9 percent among the 32 countries checked.

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