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China Daily Website

China's farm produce prices continue to rise

Updated: 2013-08-28 10:36
( English.news.cn)

The prices of farm produce in 36 major Chinese cities continued to climb last week, according to official data released Tuesday.

The wholesale prices of 18 kinds of vegetables went up 2.7 percent in the week ending Aug 25 compared with the week earlier, a Ministry of Commerce statement said.

The price of eggs rose 0.6 percent week on week, the price of pork, the country's staple meat, gained 0.2 percent.

Meanwhile, the average wholesale prices of eight aquatic products dropped 0.4 percent from a week earlier.

The cost of food accounts for about one-third of the prices used to calculate China's consumer price index, a main gauge of inflation.

Latest official data has shown that the CPI grew 2.7 percent year on year in July. Experts predict that the CPI may rise around 2.6 percent this month.

China's farm produce prices continue to rise

China's farm produce prices continue to rise

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