Ottogi raises cup noodle and dumpling prices amid rising costs

South Korean food manufacturer Ottogi announced significant price increases across several product lines, citing mounting cost pressures. Starting December 7, the company will raise the factory prices for 29 items within 11 cup noodle brands by an average of 6.7%.

Additionally, 16 items across three dumpling brands will see an average price increase of 7.7%. For example, a cup of Ottogi's Jin Ramen (spicy) and Yeol Ramen, previously priced at 1,200 won, will now cost 1,300 won. The Chamkkerae Ramen cup will rise from 1,400 won to 1,550 won. Ottogi's popular 'X.O.' dumplings (2x324g) will increase by 1,000 won, from 10,480 won to 11,480 won.

This latest adjustment follows Ottogi's earlier decision last month to increase prices on 29 processed food items, including curry, ketchup, and pepper. The company's move is part of a wider trend within South Korea's food and franchise sectors, where businesses are passing on increased costs of imported raw materials and fuel to consumers, further burdening household grocery budgets.