The Ministry of Agriculture, Food and Rural Affairs said Wednesday it will offer discounts of up to 58% on processed foods in May, designated as Family Month, to help ease pressure on household grocery bills.
The ministry said it will run the promotion with 16 major food companies, covering 4,373 processed-food items.
The move comes as consumer sentiment has weakened and grocery costs have risen amid external uncertainty, including instability in the Middle East, the ministry said. It added that the discounts are intended to deliver price-stabilization effects consumers can feel, particularly in May when family spending typically increases.
Discounts by category include Nongshim instant noodles at 6% to 36%, Paldo instant noodles at 6.4% to 33%, Samlip bread products at 8% to 37%, and CJ CheilJedang cooking oils and fats and dumplings at 33% to 50%.
Jeong Gyeong-seok, director general for food industry policy, said the event reflects active cooperation between the government and the food industry to stabilize grocery prices despite difficult external conditions. He said the ministry will continue efforts to curb living costs by expanding cooperation with the industry.
The ministry said it will run the promotion with 16 major food companies, covering 4,373 processed-food items.
The move comes as consumer sentiment has weakened and grocery costs have risen amid external uncertainty, including instability in the Middle East, the ministry said. It added that the discounts are intended to deliver price-stabilization effects consumers can feel, particularly in May when family spending typically increases.
Discounts by category include Nongshim instant noodles at 6% to 36%, Paldo instant noodles at 6.4% to 33%, Samlip bread products at 8% to 37%, and CJ CheilJedang cooking oils and fats and dumplings at 33% to 50%.
Jeong Gyeong-seok, director general for food industry policy, said the event reflects active cooperation between the government and the food industry to stabilize grocery prices despite difficult external conditions. He said the ministry will continue efforts to curb living costs by expanding cooperation with the industry.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.