Inflation in the DPRK

Using the data published by the Daily NK, Dr. Hanke has constructed this graph of food prices in the DPRK:


According to Dr. Hanke:

“From what little data are available, it would appear that, in the span of six months, the price of rice has increased by nearly 130%. This is par for the course in North Korea, where the price of rice has increased by roughly 28,500% over the last three years.”

Here is the source.

Here is a previous post on Dr. Hanke’s DPRK inflation research.


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