CHINA China's agricultural product wholesale price index edges down

CHINA

China's agricultural product wholesale price index edges down

Xinhua

18:07, June 13, 2022

Residents buy vegetables at a supermarket in Putuo District of East China's Shanghai, March 31, 2022. (Photo: Xinhua)

BEIJING, June 13 (Xinhua) -- The wholesale prices of China's agricultural products went down Monday, according to the Ministry of Agriculture and Rural Affairs.

The latest China agricultural product wholesale price index came in at 114.87, down 0.28 points from last Friday.

By 2 p.m. Monday, the average wholesale price of pork, China's staple meat, slid 1.1 percent from last Friday to 20.91 yuan (about 3.11 U.S. dollars) per kg, while that of eggs dipped 0.1 percent to 9.83 yuan per kg.

The average wholesale price of 28 key types of vegetables tracked by the government edged up 0.5 percent to 4.03 yuan per kg, while that of six key types of fruits came in at 7.36 yuan per kg, down 0.9 percent from last Friday.

The wholesale price index is compiled on the basis of data collected from around 200 agricultural wholesale markets and is updated daily based on the weighted average of price indices for goods including vegetables, fruits, aquatic products, livestock products, cereals and edible vegetable oil.

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