Home Facts china

China vegetable prices slightly lower: Report

China vegetable prices slightly lower: Report

Write: Robinson [2011-05-20]

BEIJING - The prices of 18 types of vegetables in China for the week ending November 14 were slightly lower, down by 0.8 percent compared to the previous week, a weekly report by the country's Ministry of Commerce said Tuesday.For example, Chinese cabbage and radishes were among the vegetables that saw big falls in prices, dropping 7.1 percent and 5.5 percent, respectively.However, on a year-on-year basis, the prices of 18 staple vegetables in the first 10 days this month were still significantly higher from one year earlier, highlighting the pressure China faces in managing inflation, which soared to a 25-month high of 4.4 percent in October.

China vegetable prices slightly lower: ReportNew energies to lead copper growth.