Reduction in prices of processed foods in the food industry “High exchange rate and cost burden such as auxiliary ingredients” CJ CheilJedang CJ CheilJedang, the number one food company, raised the prices of major processed foods such as Haetbahn and dumplings. Sajo, Ottogi, and Lotte Chilsung Beverage have also recently raised prices or announced plans to increase them. Companies explain that it is no longer possible to withstand the cost burden due to the increase in costs of raw and subsidiary materials and packaging materials and the rise in exchange rates. In the second half of the year, the common people...