The Korea Herald

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[Graphic News] Prices of baby products soar

By Korea Herald

Published : Feb. 4, 2016 - 19:09

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The prices of products and services targeted toward infants increased 6.6 times higher than consumer prices last year, according to the Korea Institute of Child Care and Education on Thursday.

The infant price index was 91.8 in September last year, a 3.61 percent increase from the previous year’s 88.6, the institute said. This increase rate was 6.6 times higher than the growth of the consumer price index of 109.4 in 2014 to 110 in 2015.

Education-related services, such as child care and toys, in particular, saw the highest rise in prices with 8.06 percent and 6.40 percent, respectively.

Meanwhile, parents were most dissatisfied with the price of baby albums and postpartum clinics, according to a survey of 894 parents.
(Graphic: Nam Kyung-don)