China's weekly farm produce prices continue to rise

0 Comment(s)Print E-mail Xinhua, August 21, 2019
Adjust font size:

BEIJING, Aug. 21 (Xinhua) -- Prices of farm produce in China continued to increase last week, according to data from the Ministry of Commerce.

From Aug. 12 to 18, the overall price of farm produce climbed 2.7 percent on a weekly basis, expanding from the 1.8-percent increase in the previous week.

In breakdown, the average wholesale price of 30 types of vegetables increased 3.4 percent week on week, with the pace of growth accelerating from 2.7 percent a week earlier.

The wholesale prices of pork and beef increased 8.5 percent and 1.3 percent, respectively, and that of mutton edged up 0.8 percent.

Egg prices went up 3.3 percent from the previous week while that of flour remained flat during the period.

Food accounts for about one-third of China's consumer price index (CPI), a main gauge of inflation.

Official data showed China's CPI rose 2.8 percent year on year in July, driven by higher fruit and pork prices. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter