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South Korean office workers hit convenience stores as 'lunch-flation' bites

S.Korean office workers hit convenience stores as 'lunch-flation' bites

SEOUL (Reuters) - Office worker Park Mi-won had never bought her lunch from a convenience store, until her favourite lunch buffet recently raised prices by more than 10% to 9,000 won ($7) as South Korean inflation soared to a 14-year high.

South Korean office workers hit convenience stores as 'lunch-flation' bites

SEOUL Office worker Park Mi-won had never bought her lunch from a convenience store, until her favourite lunch buffet recently raised prices by more than 10 per cent to 9,000 won (S$10) as South Korean inflation soared to a 14-year high. "After the price rise, I went to convenience stores instead, where I thought the prices were reasonable while.

S Korean office workers hit convenience stores as 'lunch-flation' bites

S Korean office workers hit convenience stores as 'lunch-flation' bites

S. Korean office workers hit convenience stores as 'lunch-flation' bites

The prices of restaurant dishes in South Korea rose 7.4 percent last month compared with a year earlier, the fastest pace in 24 years.