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Statistics Show That Over 7 Food Prices Rebounded In Late December.

2011/1/5 9:57:00 36

Statistics Bureau Food Prices


  

National Bureau of Statistics

The 4 day released data showed that the average price of 29 main foods in 50 cities in China from December 21, 2010 to 30, compared with the first half of December, rose more than 7.


Statistics Bureau data showed that rice, flour and oil rose slightly during the period, and prices of some vegetables and fruits rebounded sharply.

Among them, rapeseed prices rebounded 1.2% to 3.30 yuan per kilogram; cucumber increased 3% to 4.40 yuan per kilogram; tomatoes rose 1.6% to 5.19 yuan per kilogram; beans also increased 6.9% to 7.43 yuan per kilogram.

In the rest of the larger varieties, lamb leg increased 2% to 42.79 yuan per kilogram, hairtail rose 1.3% to 23.29 yuan per kilogram, Fuji Apple Rose 1.5% to 10.39 yuan per kilogram, domestic banana increased 2.9% to 5.28 yuan per kilogram, about 250 grams of bagged pasteurized milk rose 2.2% to 1.83 yuan per bag.


The 50 cities that were released in the middle of December 2010 by the Bureau of statistics are mainly

Average food price

In the data, about 60% of the 29 main foods were released.


According to Shanghai securities news, CITIC Securities chief

Macro economy

Analyst Wei Fengchun pointed out that the advent of the two new festivals, new year's day and Spring Festival, will drive some of the products up. At the same time, the recent low temperature and snow weather across the country has brought difficulties to the production and pportation of vegetables, fruits and other agricultural products, and has also become a major factor affecting prices.


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