Heat And Drought Send Fruit Prices Soaring

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Heat and Drought Send Fruit Prices Soaring
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Heat and Drought Send Fruit Prices Soaring

The price of fruit is highest in four years due to prolonged drought and unusually hot weather since last year.

According to Statistics Korea, the fruit price index for May reached 118.15, the highest since May 2013. The index is based on the market price of 15 favorite fruits such as apples, pears, grapes and strawberries. The mean of 100 represents the average base figure set in 2015.

In November last year it stood at an affordable 96.79, but it has soared because yields of apples and pears were poor due to record hot weather.

Historic Drought Strikes Korea
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Historic Drought Strikes Korea

A farmer sits in a dried-up rice paddy in Muan, South Jeolla Province on Tuesday. /Newsis

Korea has been struck by a severe drought amid unseasonably hot weather, which is beginning to take its toll on farms.

The Korea Meteorological Administration said total precipitation this year as of Monday was just 161.1mm, a mere 54.8 percent of the 30-year average and second lowest in history since statistics started in 1973.

The all-time low was 153.1 mm in 2000.

And the drought will continue. The monsoon season normally begins in late June but will come later than usual this year, and the amount of rainfall will not be as high.

K-Pop Idols In Their Sexy Bathing Suits That Will Heat Up Your Summer
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K-Pop Idols In Their Sexy Bathing Suits That Will Heat Up Your Summer

K-Pop idols really know how to turn up the sex appeal with their amazing bodies - especially when they are rocking these bathing suits! Let's see which idols wore the best bathing suits down below!

EXID member Solji wows us all with her spectacular figure and vivid color hair and bathing suit combo!

The boys of 2PM will melt you down like ice-cream with their hot bods!

Nine Muses Keumjo looks chic and sophisticated in her pin-up inspired bathing suit!

Our favorite diva is actually sporting some extra muscle underneath that flamboyant exterior!

Young Consumers Spend Less Amid Soaring Rental Costs
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Young Consumers Spend Less Amid Soaring Rental Costs

Young people grab lunch in Seoul.

Private spending has declined even among Koreans in their 20s, who have traditionally been the most avid consumers.

According to Hyundai Research Institute on Sunday, average monthly spending by people in their 20s fell from W1.7 million in 2007 to W1.5 million last year (US$1=W1,125).

Private spending in their 30s and over 60 also declined slightly, but it rose by W200,000 a head among people in their 40s and 50s.

Twenty-somethings are increasingly burdened by their rental payments, while those in their 30s have to service housing-related debts.

Sales of Heat-Busting Items Soar Along with Temperatures
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Sales of Heat-Busting Items Soar Along with Temperatures

The freak hot spell has proved to be a boon for sales of some equally unusual summer goods.

According to online shopping site 11st on Monday, sales of electric foot fans jumped 63 percent on-year in May, while those of cooling wrist rests, which keep your mouse-using hand from overheating, rose 16 percent.

"These products are popular among people in their 20s and 30s as they are cheap and don't use a lot of power", said a spokesman of the shopping site.

At Gmarket, sales of portable electric fans grew by a record 573 percent last month from a year earlier, while sales of cool gel pillows, which absorb body heat, rose 67 percent.