Rising Prices of Baby Products: Why Parents Are Growing More Anxious

Why Are Parents Increasingly Anxious About the Soaring Prices of Baby Products?

Source: JTBC

Expensive Baby Products: Has the Government Given Up on Price Control?

It has been brought to attention that baby products are priced higher than adult products. Baby products have always been more expensive than other consumer goods, and the situation seems to have worsened. Even well-known department stores are showing high prices for baby products.

In particular, the price of baby desks is at an unimaginable level. The rise in baby product prices is attributed to factors related to children’s growth, as evidenced by the childcare product price index.

According to a price survey conducted from January to October this year, the price of children’s clothing has increased by 12.1%. Furthermore, the childcare product price index indicates that baby product prices have risen by around 2%.

The price increase of baby products has been twice as high as other prices, even during a low inflation period. This has put a significant burden on parents, leading them to seek alternatives.

Thriving Rental Shops and Second-Hand Trading

Parents are increasingly turning to rental shops to borrow baby products. Expensive baby products can also be rented, with proper disinfection being a necessary step.

Specialized rental companies even offer deluxe strollers for rent, and there is active trading of baby products on second-hand platforms.

These alternatives are chosen for economic reasons, and many parents are engaging in the second-hand trading of baby products. Even famous celebrities have revealed that they buy and use second-hand baby products.

Concerns about Government Price Control

The government manages kindergarten fees and childcare costs, and the average prices have decreased from January to October this year. The government has promised to meticulously manage the prices of essential goods and is considering ways to stabilize the prices of baby and childcare products.

However, proposing policies to address the price increase of baby products has become difficult. The discontinuation of the childcare price index has made it challenging for the government to propose policies to tackle the rising prices. Therefore, there is a need to find solutions to this issue.

If you are curious about the source of the article, please refer to the original news.