North Korea tightens control of local market prices since pandemic: report

NK News

NK News

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June 24, 2026

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center
North Korea tightens control of local market prices since pandemic: report

North Korea has expanded the state’s role in regulating consumer goods prices since the COVID-19 pandemic as it continues to control economic activity within its borders, according to a Japanese journalist. Black markets (jangmadang), that sell food, clothes and foreign goods largely set their own prices until around 2020, but are now increasingly influenced by []

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