In China, prices for products have sharply rose, vegetables have risen more in price. This is evidenced by the data of the National Bureau of the PRC Statistics, published by CNBC.
According to the Bureau, the prices for vegetables in China increased by 30.6 percent in November, compared to the same period last year. Also grew up prices for eggs – by 20.1 percent compared with last year, and for freshwater fish – by 18 percent. At the same time, the Bureau notes that prices for the main product of the Chinese diet, pork, decreased. In comparison with last year’s maxima, the cost of meat decreased by 32.7 percent.
However, in October, pork prices rose by 12.2 percent compared to the same period last year. The consumer price index, which is very sensitive to pork prices, in general has increased less than expected. In November, his indicator rose by 2.3 percent. At the same time, the Statistical Bureau of China noted that, although in November, the supply of vegetables increased, it did not restrain the rise in value. Prices for other food products in China in November generally increased by 1.6 percent in annual terms on the background of inflation growth worldwide.
The main reason for the rise in price of vegetables in the PRC steel is heavy rains in late October, which poured the main production regions in the north and flooded the province of Shandong, it is a leading region for the supply of plant products. In early November, the Ministry of Commerce Country of China even reported to citizens about the need to create themselves a stock of food for the winter. The agency encouraged the local authorities to provide the supply of vegetables and essential items during the winter period, as well as promptly publish information about where and how people can get them.
then the authorities of China expressed concerns that extreme weather conditions may adversely affect the production and transportation of vegetables. In addition, food prices in the country are unstable and traditionally grow up with the winter approach. This led to the fact that the wholesale prices for vegetables in some cases they exceeded the cost of meat.