Prices of China's farm produce edge down

0 Comment(s)Print E-mail Xinhua, October 15, 2020
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BEIJING, Oct. 15 (Xinhua) -- Farm produce prices in China dropped slightly last week, data from the Ministry of Commerce showed.

From Oct. 5 to 11, the overall price of farm produce fell 1.1 percent on a weekly basis.

The wholesale price of pork declined 3.1 percent to 44.13 yuan (about 6.55 U.S. dollars) per kg, with the prices of beef down 0.1 percent and the prices of mutton up 0.2 percent.

Poultry-related products saw a drop in prices, with the wholesale price of eggs down 0.6 percent.

The average wholesale prices of 30 types of vegetables went down 0.2 percent from a week earlier, the data showed.

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

China's CPI rose 1.7 percent year on year in September, according to the National Bureau of Statistics. Enditem

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