China: Methods of output prices expand


(MENAFN)Official statistics revealed that most of the capital supplies observed by the government saw higher prices in late April compared with mid-April this year.

According to the National Bureau of Statistics, of the 50 main supplies checked by the government, counting seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 34 posted an upsurge in their prices, while 12 posted lower prices, and the prices of four stayed unaffected.

Hog prices dropped 2.6 percent throughout the period.

The reading, issued every 10 days, is based on a study of almost 2,000 wholesalers and distributors in 31 provincial-level areas.

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