ecns [expanded by feedex.net]: Pork prices up 10 pct in two months

ecns [expanded by feedex.net]

ecns

Pork prices up 10 pct in two months
http://www.ecns.cn/business/2013/01-20/46280.shtml
Jan 20th 2013, 10:32

2013-01-20 19:32 Xinhua     Web Editor: Wang Fan
comment


The cost of pork rose more than 10 percent in the past two months, according to Xinhua News Agency's price system on national farm produce.


All provinces, regions and municipalities saw rises, except Hainan, according to data collected between Nov. 19 and Jan. 19.


Shandong led the way with an 18.2 percent rise in pork prices. Shanxi, Liaoning, Henan, Hubei and Shaanxi saw rises of more than 15 percent. ' Pork is a staple meat in China.


The country has experienced its lowest temperatures in 28 years since the end of November, which has affected the production and transportation of farm produce.


Food prices account for almost a third of the weighting in the country's calculation of the consumer price index (CPI), the key gauge of inflation.


China's CPI grew 2.5 percent year on year in December, the fastest since June.





You are receiving this email because you subscribed to this feed at http://blogtrottr.com

If you no longer wish to receive these emails, you can unsubscribe here:
http://blogtrottr.com/unsubscribe/qhG/Zc7fXt