China's weekly farm produce prices edge down

Source: Xinhua| 2020-11-10 19:14:28|Editor: huaxia

BEIJING, Nov. 10 (Xinhua) -- Farm produce prices in China shrank slightly last week, according to data from the Ministry of Commerce Tuesday.

From Nov. 2 to 8, the overall price of farm produce dropped by 0.3 percent on a weekly basis.

The wholesale price of pork rose by 0.3 percent to 39.36 yuan (about 5.97 U.S. dollars) per kg. The wholesale price of mutton went down 0.5 percent, while that of beef remained flat.

Poultry-related products saw mixed price changes, with the wholesale price of eggs up 0.6 percent.

The average wholesale prices of 30 types of vegetables went down 1.5 percent from a week earlier.

Food accounts for about one third of China's consumer price index (CPI), a main gauge of inflation.

China's CPI, a main gauge of inflation, rose 0.5 percent year on year in October, the National Bureau of Statistics said Tuesday. The growth eased from the 1.7-percent rise registered in September. Enditem