China’s vegetable prices surge 30.6% in November as food costs soar

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  • Fresh vegetable prices in China surged by 30.6% in November from a year ago, according to the National Bureau of Statistics.
  • The price of pork, a staple in Chinese diets, remained well bellow the highs of last year with a year-on-year decline of 32.7% in November. But pork prices rose 12.2% from October.
  • Food prices are on the rise globally, according to the Food and Agriculture Organization of the United Nations.
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BEIJING — Fresh vegetable prices in China surged by 30.6% in November from a year ago, the National Bureau of Statistics said Thursday.

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The gains followed a 15.9% year-on-year rise in October, as floods and other extreme weather in recent months have hit farms. Although the bureau noted the supply of vegetables increased in November, prices were still up on a monthly basis by 6.8%.

www.cnbc.com/2021/12/09/chinas-vegetable-prices-surge-30point6percent-in-november-as-food-costs-soar.html

 

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