Farm produce prices in China unchanged during week of Oct. 1-7 compared with previous week, says Ministry of Commerce; rice prices unchanged, edible oil prices drop slightly, pork prices up 0.3%
October 9, 2013
(Xinhua News Agency)
– The prices of farm produce in China held stable during the week-long holiday (October 1-7), the Ministry of Commerce said on its website.
Rice and flour prices kept unchanged with the previous week while edible oil prices dropped slightly. Meanwhile, the price of pork, the country's staple meat, inched up 0.3 percent from the previous week, the ministry said.
The cost of food accounts for about one-third of the prices used to calculate China's consumer price index (CPI), a main gauge of inflation. The country is scheduled to release its September CPI data next week. (Edited by Liu Xiaoyun, firstname.lastname@example.org)