NK News – North Korea News
23rd May 2013
 

Inflation in North Korea by Marcus Noland

Inflation in North Korea by Marcus Noland

It has been two years since the November 30, 2009 currency reform set off a bout of inflation and contributed to the further devaluing of the North Korean won.   In the aftermath, according to Bank of Korea statistics, the North Korean economy shrank and the FAO-WFP recently put out a report documenting continuing food availability

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