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Busan Metropolitan City to Focus on Identifying “Good Price Businesses” in Everyday Sectors such as Cafés and Bakeries

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Busan Metropolitan City (Mayor Park Heong-joon) announced that from September to October, it will actively identify “Good Price Businesses” in the café and bakery sectors, which are closely related to citizens’ daily lives.

Currently, Busan has 789 designated “Good Price Businesses.” Among these, restaurants and dining establishments account for 80 percent, while other personal services account for 20 percent. Within the restaurant category, cafés and bakeries represent only 6.3 percent, or 5 percent of the total “Good Price Businesses.” Through this focused effort, the city plans to diversify and balance the sectors represented by “Good Price Businesses.”

According to consumer price statistics released by Statistics Korea in August 2025, the contribution of personal services to price growth was 1.24, relatively higher than agricultural, livestock, and fishery products (0.14). Based on this, the city plans to prioritize the identification of cafés and bakeries, thereby expanding the designation of “Good Price Businesses” and promoting sectoral diversification.

Businesses or citizens who wish to apply for the “Good Price Business” designation may submit applications to their respective districts or counties. Following this, businesses are reviewed and designated based on district and county criteria, including joint on-site inspections by both public officials and private representatives.

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Ratio of “Good Price Businesses” by Sector in Busan (as of June 30, 2025)

• ●Total: 789

• ●Restaurants: 631 (Korean 514, Japanese 13, Chinese 51, Western 13, Other dining 40)

• ●Other Personal Services: 158 (Laundry 11, Barbers 33, Beauty salons 80, Bathhouses 11, Lodging 4, Others 19)

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Through this focused identification effort, the city expects to enhance the image of “Coffee City Busan” and contribute to both strengthening tourism competitiveness and stabilizing personal service fees.

Price stabilization in café and bakery sectors, which are popular among tourists, is expected to raise the value of Busan’s city brand. Furthermore, expanding the designation of “Good Price Businesses” will help promote fee stabilization.

In addition, the city will continuously pursue policies for stabilizing personal service fees by expanding support for “Good Price Businesses,” strengthening publicity, and providing incentives to ensure the spread of achievements and benefits.

Meanwhile, businesses designated as “Good Price Businesses” receive various benefits such as the provision of goods including garbage bags and discounts on public utility charges.

In addition, through the Ministry of the Interior and Safety’s “Good Price Business” website, individuals who recommend three businesses or certify receipts from 10 businesses (or 30 visits) receive a pure silver commemorative medal. Credit card companies also provide discounts of 2,000 KRW for payments of 10,000 KRW or more at designated “Good Price Businesses.”

Kim Bong-cheol, Assistant Mayor of Digital Economy Office, stated, “Expanding ‘Good Price Businesses’ will help stabilize personal service fees and reduce the burden on citizens. In particular, the expansion of cafés and bakeries designated as ‘Good Price Businesses’ will play an important role in strengthening the competitiveness of Busan as both a tourist city and a coffee city. We will continue to do our utmost to stabilize prices in areas closely related to citizens’ daily lives.”