You are now at Chinahourly > BizChina > List > Content

Average price of four weeks or 18 kinds of vegetables by 21.1% in the second quarter CPI may fall

Keywords: Outdoor Adve   Date: Jan 12, 2012   From: Chinahourly    Views:

(Reporter Hu Hongwei) warmer weather continued down the prices of vegetables. Commerce Department released yesterday, Ministry of Commerce last week to monitor the consumption of agricultural products, 18 kinds of vegetables on average wholesale prices fell 5.9% over the previous week, has declined for four consecutive weeks, the cumulative decline of 21.1%.

from a variety of view, green peppers, cabbage, peppers, lettuce prices drop top, green pepper and within a week to drop two percent more than the other three fell in about one percent.

As the weather gets warmer, since the price of eggs continued to drop since mid-February, retail prices fell 0.2 percent last week, the cumulative decline of 6.6%. In addition, other agricultural products, aquatic products fell to expand the wholesale price, retail prices flat edible oil, meat, price fluctuations, up and down there. Supported by the high price of raw grain, however, retail food prices rose slightly, rice, flour prices rose 0.2%.

by vegetables, eggs, led by the Ministry of Commerce focused on monitoring the consumption of agricultural prices, has declined for 4 weeks. April 25, National Bureau of Statistics released the "50 Cities, the average price changes in food," also showed that the major food prices in mid-April and early April, compared, showing signs of decline in general, the most obvious is the price of vegetables.

previous Bureau of Statistics data show that in March the CPI (consumer prices) rose 5.4% to 32 month high, PPI (industrial producer prices) also rose 7.3% year on year, to 30 months, the highest since. CICC and other organizations are expected, April CPI will rise 5.2% -5.5%.

State Information Center released a report yesterday predicted that the second quarter of China's economic growth will show the main features of the stable, but inflation pressures are still greater, are expected in the second quarter CPI rose 5.0 percent, PPI rose 6.8% so. The center analysis, our country faces increasing imported inflation, the main commodity prices continued to rise at the same time, agricultural, labor cost-push pressure on prices of agricultural products still exist, in addition to PPI rose more than expected and other factors, but also to some extent support on the current price level.

Write a Comment
Username: Veri Code:Click it to change another one
Latest Post
News for you
Hot