Seoul’s public transportation fares will also be raised… Ttareungyi reviews a double increase

◀ Anchor ▶

This year, many people were having a hard time with prices rising to the highest level since the financial crisis.

Inflation is also expected to remain at a high level for the time being next year.

Electricity rates will rise significantly from tomorrow.

In addition, public transport prices such as buses and subways are also expected to increase, so living has become tighter.

Reporter Kim Ah-young reports.

◀ Report ▶

‘Ttareungyi’, a public bicycle in Seoul.

A third of Seoul’s citizens ride the Ttareungyi, which can be easily borrowed and returned, and costs 1,000 won for an hour and 15,000 won for a 180-day pass.

[서주희/서울 송파구]

“It’s slightly cheaper to ride Ttareungi than to take a bus for a short distance, and you can save money by buying a 6-month commuter pass…”

The deficit is increasing every year, and the Seoul Metropolitan Government is considering a drastic increase in other rates to 2,000 won per hour.

[정하린/서울 서대문구]

“I’ve always used commuter tickets, but if it goes up that much, I think I’d rather use public transport.”

Subway and bus fares are also rising for the first time in eight years.

As the government is not allocating the budget for free transport for the elderly and the disabled next year, an increase in prices has become inevitable.

The most likely increase is 300 won, but in this case, the price rises to 1,650 won for the subway and 1,600 won for the city bus.

Every day, the costs of transportation that must be used will increase by more than 20%.

[박시현/서울 강남구]

“College students are under a bit more pressure and don’t have a lot of money. So I feel like the burden will be a little bit more… About 100,000 have been won in the early to mid 100s…”

Increases in public utility charges, including transport, along with electricity bills, which yesterday saw the biggest increase in 40 years, are the biggest factors putting pressure on already high prices.

[어운선/통계청 경제동향통계심의관]

“Of course, I can tell you that it will act as an inflationary factor and an inflationary factor…”

The price of petrol is expected to rise by around 100 per liter earned from tomorrow onwards as the government plans to reduce the amount of oil tax cuts from next year onwards.

Consumer prices, which have remained at the 5% level for almost half a year amid the predicted economic recession, are not expected to fall for now, adding to the burden on the working class economy.

This is Kim Ah-young from MBC News.

Video commentary: Kim Woo-ram / Video editing: Kim Jin-woo

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