South Korean bakery brand Paris Betty announced on Friday that it will raise the prices of 127 products due to rising raw material costs. The company said that starting next Tuesday, it will raise the prices of 86 kinds of bread products and 41 kinds of cake and dessert products, with an average increase of 5%. This is the company's first price increase in 18 months. “This decision is imperative due to the sharp rise in raw material prices and other costs,” the company said.

South Korean bakery brand Paris Betty announced on Friday that it will raise the prices of 127 products due to rising raw material costs. The company said that starting next Tuesday, it will raise the prices of 86 kinds of bread products and 41 kinds of cake and dessert products, with an average increase of 5%. This is the company's first price increase in 18 months. “This decision is imperative due to the sharp rise in raw material prices and other costs,” the company said.