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Farm produce prices in China post mild declines

Staff Writer | July 13, 2016
Farm produce prices posted mild declines last week, the Ministry of Commerce said. The average price of six types of fruit fell 1.5 percent, compared to a drop of 0.7 percent a week earlier.
Farm produce China
Food production   The average price of six types of fruit fell
Meat prices were broadly lower, with pork falling 1.1 percent. Mutton and beef edged down 0.4 percent and 0.1 percent, respectively. increased 0.2 percent.

Vegetable prices rose, partly because rain in the country's southern regions disrupted vegetable supplies. Rape, garlic and cauliflower jumped 12.2 percent, 10.8 percent and 8.7 percent, respectively.

Food prices account for one-third of the calculation of China's consumer price index (CPI).


 

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