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Beijing vegetable prices continue to drop

Zoom in font  Zoom out font Published: 2016-04-28  Views: 16
Core Tip: Beijing's Ministry of Commerce reported on Tuesday 26 April, that farm produce prices are continued the downward trend last week in light of increasing vegetable supplies.
Beijing's Ministry of Commerce reported on Tuesday 26 April, that farm produce prices are continued the downward trend last week in light of increasing vegetable supplies.

The average price of 30 kinds of vegetables dipped 4.9 percent last week, with prices of capsicum, cabbage and broccoli plunging 12.6 percent, 11.6 percent and 11.5 percent week on week in a sample of 36 Chinese cities, the ministry said in a statement on its website.

Food prices account for one-third of the weighting in the calculation of China's consumer price index (CPI).

The country aims to hold this year's consumer price growth at around 3 percent. The target is unchanged from that of 2015. China's CPI rose 2.3 percent in March.
 
 
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