BEIJING, Aug. 23 (Xinhua) -- The average wholesale
price of pork from Aug. 13 to 19 saw a week-on-week drop of 1.4 percent,
according to the Ministry of Commerce.
It was the second consecutive drop in pork prices,
which have almost doubled in the last seven months due to short supply and
mounting production costs.
From Aug. 6 to 12, pork prices fell 1.5 percent from
the previous week after efforts taken by the government and producers to
increase supply began to take effect, said the ministry.
However, as prices of suckling pigs and pig feed are
expected to stay high over the Mid-autumn Festival and National Day holidays
through to October, pork demand will remain strong and pork prices are likely to
remain high, predicted the ministry.
Due to harvesting and transporting difficulties
caused by heavy rains, from Aug. 13 to 19, caraway prices rose 46 percent
week-on-week, while rape was up 21.6 percent and cucumbers up 18.8 percent.
Last week, of the 40 major edible farm products
monitored by the ministry, the prices of 31 items rose while eight items
recorded price drops and one item price stayed flat.
In July, China's consumer price index, or CPI, rose
by a 33-month-high of 5.6 percent on the back of food price hikes. The key
inflation indicator was well above the government-set target of 3 percent.