January 22, 2008
China pork prices jump anew in latest week
Pork price, a major item underlying consumer inflation in China, surged 1.98 percent during the week ending January 18 to RMB14.42 (US$1.99) per pound.
China's National Development and Reform Commission (NDRC) said the increase marked a significant acceleration from a 0.35-percent rise from the previous week.
NDRC disclosed the following price changes.
|
|
Price (yuan/500g) |
Change (% w/w) | ||
|
|
Jan 18 |
Jan 18 |
Jan 11 |
Jan 4 |
|
Pork |
14.42 |
1.98 |
0.35 |
0.93 |
|
Beef |
15.12 |
2.02 |
1.23 |
3.10 |
|
Mutton |
16.01 |
2.04 |
1.16 |
1.11 |
|
Chicken |
7.30 |
0.55 |
0.28 |
-0.14 |
|
Eggs |
3.56 |
1.71 |
-0.85 |
-0.56 |
The NDRC, China's economic planning agency, surveys retail prices in 36 major cities.
