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Qingdao Food Prices up in January

03 March 2014

CHINA - Qingdao Consumer Price Index rose by 1.3 per cent in January compared to the previous month according to the Qingdao investigation team of the National Bureau of Statistics of China.

The prices were affected by the Spring Festival, which showed an increase of 2.2 per cent compared to the same period last year.

The price of food rose 4.6 per cent year on year, industrial products rose 0.9 per cent and service prices 1.6 per cent.

Prices of some food - such as rice, pork, egg, seafood, vegetables and fruits - rose compared to the previous month.

The price of vegetables in Qingdao rose 19.8 per cent compared to the previous month, and the price of fruits increased by 24 per cent compared to December - a year on year increase of 36.2per cent.

TheMeatSite News Desk

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