China Farm Produce Prices Edge Up
CHINA - China's farm produce prices edged up last week from a week earlier, with the wholesale prices of 18 types of vegetables up 2.5 per cent, official data showed.
26 July 2012
2 minute read
Last week, the price of pork, a staple meat in China, dropped 0.2 per cent from a week earlier and 23.5 per cent year-on-year, the ministry said.
The retail price of eggs decreased for a fifth week, down 0.3 per cent from the previous week and 2 per cent cumulatively for the past five weeks.
Food prices account for a nearly one-third of the prices used to calculate China's consumer price index, which eased to 2.2 per cent in June, its lowest level since January 2010.
