China: Wuhan vegetable prices soar

Published 2022년 2월 1일

Tridge summary

In Wuhan, Hubei Province, China, the price of local vegetables, especially fresh garlic sprouts, has significantly increased, reaching 38.5 yuan per pound, which is higher than the price of mutton, causing concern among netizens. The local market supervision department investigated and confirmed that the price adjustment in supermarkets was due to market conditions and not price gouging, despite concerns about high vegetable prices and variations in enforcement standards across different market supervision departments. This situation highlights the ongoing challenge of rising vegetable prices in China, with a garlic seedling trading company in Xi'an under investigation for suspected price hikes in December 2021.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Epoch Times, February 1, 2022] (Epoch Times reporter Zhao Fenghua comprehensive report) Recently, netizens in Wuhan, Hubei Province posted on social platforms that the price of local vegetables has skyrocketed, and fresh garlic sprouts are 38.5 yuan (RMB, the same below) per pound. It is even more expensive than the price of mutton. The local market supervision department dispatched staff to investigate and said that the price of vegetables in the supermarket was adjusted by the market and did not constitute "price gouging", which raised doubts. According to a number of local media reports, Wuhan netizens posted on Weibo last Friday (January 28), "New (fresh) garlic seedlings in Wuhan Zhongbai Warehouse Fruit Lake Store are more expensive than mutton, and the price of wild lotus root has skyrocketed during the Chinese New Year." , as can be seen from the screenshots, the price of fresh garlic seedlings is 38.5 yuan per catty (about 12.1 US dollars / kg). Honghu wild lotus root is ...
Source: Epochtimes

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