Kim Jong-un PANIC: North Korea food prices explode sparking famine fears

THERE are fears of mass famine in North Korea as food prices have surged across the country amidst reports of shortages.

PUBLISHED: 04:54, Thu, Dec 3, 2020 | UPDATED: 04:54, Thu, Dec 3, 2020

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In January the border between China and North Korea was sealed in a bid to prevent the spread of coronavirus. However this has also had profound economic consequences and reduced the supply of many products.

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The North Korean regime had fixed the market price of key food products like rice but this has now been abandoned.

As a result costs have been rising rapidly sparking famine fears.

Between 1994 and 1998 several million North Koreans were killed when the country was hit by famine.

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The disaster is believed to have killed around ten percent of the country’s population.

North Korea"With food prices rising day after day, people's anxiety is giving way to fear" (Image: GETTY)

North KoreaNorth Korea has shut its borders to fight coronavirus (Image: GETTY)

According to one source, speaking to Radio Free Asia (RFA), rice prices have increased from 4,000 won per kilogram to as much as 8,000 won since mid-November.

The average North Korean salary to those in state employment is also around 4,000 won.

RFA spoke to a resident of North Hamgyong province, in north-east North Korea, who described the ongoing price rises.

They said: “Here in the city of Chongjin, food prices are rising every day in the marketplaces.

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North KoreaNorth Korea has yet to officially admit to any coronaivrus cases (Image: GETTY)

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“They had been stable under authorities’ price controls, but the sudden sharp rise is increasing anxiety among the people.

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