China's farm produce prices rebound
Updated: 2013-04-17 10:19
(Xinhua)
|
||||||||
BEIJING - Prices of edible farm produce in 36 major Chinese cities rebounded after declining for seven consecutive weeks, new official data show.
The Ministry of Commerce said Tuesday in an online statement that the average wholesale prices for 18 vegetables on the monitored list surged 7.1 percent week-on-week.
The ministry attributed the rise to the supply gap between out-of-stock winter items and limited supplies of new vegetables.
Bucking the trend, the wholesale price of pork, the country's staple meat, fell 2.3 percent week-on-week.
Prices of beef, mutton and chicken also dropped 0.5, 0.2 and 1 percent week on week, respectively, according to the statement.
Food prices account for about one-third of the prices used to calculate China's consumer price index, a main gauge of inflation.
China's CPI grew 2.1 percent year-on-year in March, down from a 10-month high of 3.2 percent in February, according to official data released Tuesday.
China's farm produce prices drop consecutively
China's farm produce prices extend declines
China's farm produce prices retreat
China's February CPI to top 3%: analyst
MOC monitors farm produce price decline
China's farm produce prices down
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
- Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |