Latest News:  
Beijing   Sunny/Cloudy    13 / 1 ℃  City Forecast

English>>Business

China's farm produce prices climb further

(Xinhua)

08:36, December 19, 2012

BEIJING, Dec. 18 (Xinhua) -- Farm produce prices have extended an upward trend in 36 large and medium-sized cities in China, the Ministry of Commerce said Tuesday.

In the week ending Dec. 16, the wholesale price of 18 types of vegetables gained 4.9 percent week on week, with the prices of cabbage, green peppers and lettuce up 13.7 percent, 12 percent and 10.6 percent, respectively, according to the ministry's online statement.

The wholesale price of pork went up 1.6 percent week on week, but dropped 7.9 percent from the same period last year.

The retail price of eight kinds of aquatic products monitored by the ministry moved up 0.4 percent from a week earlier, while the price of eggs rose 0.4 percent, up for the fourth straight week with cumulative gains of 1.3 percent, according to the statement.

Food prices account for almost one-third of the weighting in the nation's calculation of the consumer price index (CPI), a key gauge of inflation.

China's CPI grew 2 percent year on year in November, up from a 33-month low of 1.7 percent in October, the National Bureau of Statistics announced on Sunday. Analysts believe the inflation rate was mainly driven up by rising food prices.

We recommend:

'Boeing Dreamliner riddled with errors

HK tops China City Competitiveness Ranking

China to open world's longest high-speed railway

10th China Int'l Automobile Exhibition concludes

Harbin-Dalian high-speed railway starts operation

New wave of communication tools

Alibaba's 2012 transaction volume hits 1 trln yuan

China's savings rate world's highest

IPhone 5 goes on sale in China

Email|Print|Comments(Editor:黄蓓蓓、梁军)

Related Reading

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Amphibious armored training

  2. Chinese naval ships renew hull numbers

  3. Ban Ki-moon moves to UN headquarters

  4. A century of love for China

  5. Online websites target growing aging population

  6. Christmas Wedding Expo closes in HK

  7. Kung Fu thriller stars China's heartthrobs

  8. Beautiful Thailand

Most Popular

Opinions

  1. Only local players represent future of CBA
  2. Abe 'must change' to build ties
  3. Gloomy markets defy expected growth
  4. Don't let Chinese characters be a world heritage
  5. Behind annual Chinese Writers Rich List
  6. China firms 'don't communicate enough'
  7. Who can free Chinese couples from baby tangle?
  8. No easy path in sight for China's economic future
  9. Worries about combating corruption online
  10. 'Urban diseases' challenge 'beautiful China'

What’s happening in China

Global dreams for Confucius

  1. Cherry tomatoes harvest in SW China's Guangxi
  2. Online websites target growing aging population
  3. China detains 93 over doomsday rumors
  4. Woman rescued 22 hours after building collapse
  5. Time to replace old ID cards