China: Pork price drops for two weeks, vegetable prices soar
BEIJING, Aug. 23 (Xinhua) -- The average wholesale price of pork from Aug. 13 to 19 saw a week-on-week drop of 1.4 percent, according to the Ministry of Commerce.
It was the second consecutive drop in pork prices, which have almost doubled in the last seven months due to short supply and mounting production costs.
From Aug. 6 to 12, pork prices fell 1.5 percent from the previous week after efforts taken by the government and producers to increase supply began to take effect, said the ministry.
However, as prices of suckling pigs and pig feed are expected to stay high over the Mid-autumn Festival and National Day holidays through to October, pork demand will remain strong and pork prices are likely to remain high, predicted the ministry.
Due to harvesting and transporting difficulties caused by heavy rains, from Aug. 13 to 19, caraway prices rose 46 percent week-on-week, while rape was up 21.6 percent and cucumbers up 18.8 percent.
Last week, of the 40 major edible farm products monitored by the ministry, the prices of 31 items rose while eight items recorded price drops and one item price stayed flat.
In July, China's consumer price index, or CPI, rose by a 33-month-high of 5.6 percent on the back of food price hikes. The key inflation indicator was well above the government-set target of 3 percent.
猜你喜欢
-
- 03-082016考研英语大纲汇总
- 03-082016年考研英语一新题型大纲解析
- 03-082016届考研英语二大纲解析--翻译
- 03-082016年英语一考研大纲深度解析:应用文写作
- 03-082018年考研英语编故事记单词的妙招
- 03-082018考研英语阅读:过来人谈高效解题的8个思维方式
- 03-082018考研新变化:全日制与非全日制招生不得相互使用
- 03-082018年考研英语编故事记单词有妙招
- 03-082018考研英语大纲即将来袭一定要做到这两点
- 03-08据说,背完2018考研英语单词睡1小时,33%在梦中忘了!