China: Mainland vegetable prices rose, peppers rose 162% year-on-year

Published 2022년 4월 12일

Tridge summary

In March, China witnessed a significant surge in vegetable prices, with small peppers seeing a 162% increase year-on-year, contributing to a 1.5% rise in the national consumer price index. The price of fresh vegetables overall increased by 17.2%. This price hike is attributed to adverse weather conditions and increased costs, leading to a disruption in the vegetable supply chain. The situation has led to heated discussions among netizens, highlighting the challenges faced by consumers due to the rising costs of essential food items.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Epoch Times, April 12, 2022] In March, the price of vegetables in mainland China rose sharply year-on-year, and the price of small peppers rose by 162% year-on-year. On April 11, the National Bureau of Statistics of the Communist Party of China released the consumer price index (CPI) in March this year, which rose by 1.5% year-on-year, higher than market expectations. Among them, the price of fresh vegetables rose by 17.2% year-on-year; Year-on-year increases were 6.1%, 4.3% and 4.2%. According to Caijing Magazine, the price of vegetables in mainland China continued to fluctuate at a high level this spring. The Ministry of Commerce of the Communist Party of China announced on March 30 that from March 21 to 27, the national average retail price of 30 kinds of vegetables rose by 1.5% month-on-month. The prices of melons and leafy vegetables increased significantly, among which, the prices of wax gourd, Chinese cabbage and zucchini rose by 9.9%, 8.2% and 5.3% respectively. They rose ...
Source: Epochtimes

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.