Inflation in North Korea: Bananas selling for Rs 3000

North Korea has a history of being a secluded country. The authoritarian government in North Korea selectively picks the information that could be communicated globally. Hence, the shortage of ground reports from the country.

However, things have changed considerably. The nation’s supreme leader Kim Jong Un has admitted that the state of food availability in North Korea is ‘getting tense’. Their agricultural sector isn’t capable of fulfilling the demand because of the damage done by the typhoon. The prices of food commodities have shot up with 1 Kg bananas selling for 3,300 Rs, a pack of tea for 5,000 Rs and a pack of coffee for 7000 Rs.

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