China's weekly farm produce prices pick up

Publisher:Release time:2019-05-09Number of views:10

BEIJING - Prices of farm produce in China picked up slightly in the last week, data from the Ministry of Commerce showed.

From April 29 to May 5, the overall price for farm produce edged up 0.5 percent on a weekly basis, following a 0.4 percent drop in the previous week.

In breakdown, the average wholesale price of 30 types of vegetables went up 0.4 percent on a weekly basis.

The wholesale price of pork saw an increase from a week earlier, up 0.3 percent, while that of beef went down 0.2 percent.

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

The latest official data showed China's CPI rose 2.3 percent year-on-year in March, compared with 1.5 percent growth in February.

MOC data also showed that producer prices edged up last week.


Copyright©2020 上海社会科学院数据中心版权所有沪ICP备10019589号-16 沪公网安备 31010102002389号
开启辅助工具