China's food prices rise at slower pace
Updated: 2013-01-01 10:48
In the week ending Dec 30, the wholesale price of 18 types of vegetables gained 2.9 percent week-on-week, down from the 6.9 percent growth in the previous week, according to a ministry statement.
The prices of white turnips and cabbages jumped 9.3 percent and 8.6 percent, respectively, the statement said.
The wholesale price of pork went up 0.9 percent week on week, but dropped 6.8 percent from the same period last year.
Food prices account for almost one-third of the weighting in the country's calculation of the consumer price index, a key gauge of inflation.