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Economy

China's weekly farm-produce prices slightly up

August 17, 2021


Abstract : China's farm-produce prices went up slightly last week, according to the Ministry of Commerce.

BEIJING, Aug. 17 (Xinhua) -- China's farm-produce prices went up slightly last week, according to the Ministry of Commerce.

From Aug. 9 to 15, the overall price of farm produces increased 0.1 percent on a weekly basis.

The wholesale price of pork dropped 1.1 percent week on week to 20.33 yuan (about 3.14 U.S. dollars) per kg. The wholesale prices of mutton remained flat, and those of beef gained 0.2 percent.

The wholesale price of eggs increased 3.4 percent on a weekly basis, and that of chicken gained 0.1 percent week on week.

The average wholesale prices of 30 types of vegetables went up 0.9 percent from a week earlier.

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

The CPI rose 1 percent year on year in July, lower than the 1.1 percent year-on-year growth recorded in June, data from the National Bureau of Statistics showed. Enditem

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Keyword: farm-produce prices

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