South Korea will import 100 million eggs in August and September to help stabilize high prices amid a pick-up in consumer inflation.
The country imported 70 million eggs in June and brought in 144 million eggs between January and May to ease the bird-flu triggered supply shortage.
The price surge of eggs is continuing even as the country has not reported cases of bird flu since April.
Finance Minister Hong Nam-ki said the South Korean government will mobilize all policy means to boost the supply of agricultural products ahead of the Chuseok fall harvest holiday in September.


Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO
Australian Household Spending Dips in December as RBA Tightens Policy
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 



