From Breakingviews - Inflation brings South Korea grocery wars to boil
A Kentucky Fried Chicken bucket of fried chicken is seen in this picture illustration taken April 6, 2017.
Carlo Allegri - RC1DB6CFAB00HONG KONG, Aug 23 - Soaring food prices may send South Korea's hyper-competitive retailers past boiling point. Instead of passing on higher costs to shoppers, discount chain Homeplus has sparked a price war in fried chicken, according toOverall consumer inflation hit a nearin July; of that, prices of food and non-alcoholic beverages jumped 8% year-on-year.
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