1) Korean diners are seeing higher prices at restaurants because of high inflation. The cost of eating out ① ____ ____ __ _______ _____. And the high prices affect both highend and budget restaurants. The costs of cheap and popular food dishes both had large increases compared to the previous year. Ramyeon prices rose 15 percent and Chinese black bean noodles rose 13 percent. 2) Korea is one of the Organization for Economic Cooperation and Development (OECD) countries. The OECD is a ② _______ _________ ___ ___ ___ ____ _______ ___ ____ _______. Out of these nations, Korea is struggling the most with high inflation because of the weak Korean won. In 2008, the Korean won dropped 25.7 percent against the dollar. 3) Analysts say the weak won causes ③ _________ ___ _____ _____ _________ ____ raw materials and oil. These materials have gotten cheaper in the past few months, but Korea is still paying high prices because the value of the won is so low. The National Statistical Office recently stated that consumer prices rose 4.7 percent in 2008. 4) To help consumers in 2009, the Ministry of Strategy and Finance ④ ____ _________ ____ _________ ____ ________ ____ utilities and other public services. It will also try to lower prices on agricultural products to further help consumers. 5) One ministry official recently said the government will closely watch the ⑤______________ ____ ____ ____ ______ ______ ____ ________ ___ ________ ________ _______ ________. The 52 basic goods and services, also called a consumer basket, is a sample of the most common items people buy. The price of the consumer basket helps analysts study inflation and the economy. |
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