China’s weekly farm produce prices rise

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BEIJING, June 23 (Xinhua) — Prices of farm produce in China saw a slight increase last week, data from the Ministry of Commerce showed.

From June 15 to 21, the overall price of farm produce rose 2.2 percent on a weekly basis.

In breakdown, the wholesale price of pork rose by 5.1 percent to 43.41 yuan (about 6.14 U.S. dollars) per kg, while the price of beef and mutton edged up 0.4 percent and 0.8 percent, respectively.

The average wholesale price of 30 types of vegetables went up 4.2 percent from a week earlier, the data showed.

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Food accounts for about one-third of China’s consumer price index, a main gauge of inflation.

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