China's pork prices dropped 0.2 percent for the week ending July 24 from the previous week, the Ministry of Commerce (MOC) said Tuesday.
China's pork prices dropped 0.2 percent for the week ending July 24 from the previous week, the Ministry of Commerce (MOC) said Tuesday.
The previous week-on-week drop occurred in the week ending April 10 with a 0.1-percent decline, according to reports listed on the MOC website.
High pork prices have become a big concern for the nation as the consumer price index, the main gauge of inflation, shot up to a three-year high of 6.4 percent last month, driven by surging food prices.
Data from the National Bureau of Statistics showed pork prices in June surged 57.1 percent year-on-year.
Meanwhile, 18 types of vegetables underwent an average price drop of 1.5 percent last week from the previous week.
Eight types of aquatic products climbed 1.4 percent in wholesale prices week-on-week.
Prices of mutton and beef rose 1 percent and 0.6 percent, respectively. Egg prices also climbed 0.6 percent.
