Urban Per Capita Food Expense in 3rd Quarter of 2012
By CnAgri2013-03-01 15:20:19 PrintAccording to the National Bureau of Statistics, urban residents’ per capita expense was RMB4,183 in the third quarter of 2012, up 8% over the previous quarter and up 7.9% on the year-on-year basis. Adjusting for inflation, the expense went up 5.9% on the year-on-year basis, below the GDP growth rate of 7.4%.
Urban per capita food expense was RMB1,446, up 3.18% over the previous quarter and up 5.77% on the year-on-year basis. The food expense accounted for 34.58% of residents’ total expense. Urban Engel coefficient was 21.77%, the bottom in three years.
Urban per capita food expense increased 28.34% in Hainan, 15.28% in Chongqing and 11.46% in Xinjiang on the year-on-year basis, topping other provinces.
The share of food expense in urban residents’ total expense expanded 7.97% in Shanghai, 5.75% in Zhejiang, 5.48% in Chongqing and 4.09% in Hainan on the year-on-year basis, topping other provinces.
From “China Grains Market Weekly Report”
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