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Cabinet price controls backfire as North Korean market costs surge

HomeNewsCabinet price controls backfire as North Korean market costs...

The recent surge in North Korean marketplace prices appears to stem from government-ordered price controls that have had the opposite of their intended effect. Multiple sources inside North Korea told Daily NK recently that Cabinet orders about controlling market prices and restricting private foreign currency transactions are regularly reaching vendors through commerce departments at local…

Source

September 09, 2025 at 04:40AM

by DailyNK(North Korean Media)

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