Price of China's Farm Produce Is Up

By CnAgri2012-07-26 19:15:11 Print

China's farm produce prices edged up last week from a week earlier, with the wholesale prices of 18 types of vegetables up 2.5 percent.

Last week, the price of pork, a staple meat in China, dropped 0.2 per cent from a week earlier and 23.5 percent year-on-year, the ministry said.

The retail price of eggs decreased for a fifth week, down 0.3 percent from the previous week and 2 percent cumulatively for the past five weeks.

Food prices account for a nearly one-third of the prices used to calculate China's consumer price index, which eased to 2.2 percent in June, its lowest level since January 2010.