Latest News:  
Beijing   Cloudy/Overcast    0 / -6   City Forecast

People's Daily Online>>China Society

Farm produce prices gain last week, pushed up by rising demand

(Xinhua)

10:32, January 06, 2012

BEIJING, Jan. 5 (Xinhua) -- Farm produce prices in China recorded slight gains for the week ending on Jan. 1 from the previous week, according to data released Thursday by the Ministry of Commerce.

Meat prices rose as consumption for meat products peaked. Prices of mutton, beef and pork were up 0.7 percent, 0.5 percent and 0.3 percent, respectively. Chicken prices went up 0.1 percent.

Due to cold weather, increasing transportation costs and stronger demand, 18 types of vegetables saw an average price rise of 3.4 percent, the data showed.

Prices of edible oil gained slightly while the price of rice increased 0.2 percent. Prices of eggs and flour were unchanged.

The gains in food prices, which account for roughly one-third of the basket of goods used to calculate the consumer price index (CPI), a main gauge of inflation, remain an important and sensitive element in contributing to higher inflation. The CPI eased to 4.2 percent in November, the slowest rise in 14 months.

Email|Print|Comments(Editor:雪萌)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. For migrants, no Web, no train ticket

  2. An ice and snow world

  3. Wen vows closer military exchanges with Pakistan

  4. Sports photos of 2011

Most Popular

Opinions

  1. Pentagon plan changes game in Asia
  2. Will Japan's economy recover in 2012?
  3. It is the China naysayers who are doomed to fail
  4. Common development with neighbors
  5. Japan's case of flawed priority
  6. Move to send 'alarming signal' across Asia
  7. EU's airline carbon tax may backfire
  8. Asian countries refuse to 'take side'
  9. US uses 'hedging strategy' to deal with China's rise
  10. What is behind US 'Return-to-Asia' strategy?

What's happening in China

Anger over online railway ticket sales

  1. China set to post narrower trade glut
  2. Gome sues ex-chairman for breach
  3. iPhone 4S set for debut next Friday
  4. Sinopec eyes doubling in equity crude production
  5. Harmful chemicals in most new cars

PD Online Data

  1. Traditional Mooncakes
  2. About Mooncakes
  3. History of Mooncakes
  4. Modern Mooncakes
  5. Legends of Mid-Autumn Festival