Search
  Basic Industry Tool: Save | Print | E-mail   
Farm produce prices gain last week
Last Updated(Beijing Time):2012-01-05 20:43

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.

Source:Xinhua 
Tool: Save | Print | E-mail  

Photo Gallery--China Economic Net
Photo Gallery
Edition:
Link:    
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2024 China Economic Net. All right reserved