China's weekly farm-produce prices edge down
Source: Xinhua | 2021-07-01
China's farm-produce prices fell last week, according to the Ministry of Commerce.
From June 21 to June 27, the overall price of farm produce decreased 1.3 percent on a weekly basis.
The wholesale price of pork lost 7.1 percent week on week to 19.53 yuan (about 3 U.S. dollars) per kg. The wholesale price of mutton edged down 0.8 percent, and that of beef stayed flat.
The wholesale price of eggs lost 1.5 percent on a weekly basis, and that of chicken rose 0.4 percent week on week.
The average wholesale prices of 30 types of vegetables went up 1.2 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 1.3 percent year on year in May, up from the 0.9-percent growth rate in April, according to data from the National Bureau of Statistics.
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