China's weekly farm produce prices edge up | |||||||||||
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//english.dbw.cn 2019-07-25 10:55:18 |
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Prices of farm produce in China rose slightly last week as tighter supplies drove up pork prices, data from the Ministry of Commerce (MOC) showed Wednesday. From July 15 to July 21, the overall price for farm produce edged up 0.1 percent on a weekly basis, following a 0.9-percent gain in the previous week. In breakdown, the wholesale price of pork went up 3.3 percent, while that of mutton gained 0.3 percent. In breakdown, the average wholesale price of 30 types of vegetables fell 2.6 percent, and the price of eggs rose 5.5 percent. Food accounts for about one-third of China's consumer price index (CPI), a main gauge of inflation. The latest official data showed China's CPI rose 2.2 percent in the first half of the year as tighter supplies of pork and fruit drove up food prices. MOC data also showed that producer prices edged up 0.1 percent last week. |
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Author: Source:xinhua Editor:Yang Fan |