金融英语：China’s farm produce prices fall week-on-week

会计考友

　　BEIJING - China's prices for farm produce and producer goods fell week-on-week, the Ministry of Commerce (MOC) said Wednesday.
/ V8 v/ j5 v! j　　During the week that ended November 28, vegetable prices continued to drop as most regions have been working hard to ensure winter vegetable supplies, said a statement on the MOC's website.
& d  t) h0 L+ J# q+ g3 H, F: m. n　　Wholesale prices of 18 staple vegetables went down 5.9 percent from the previous week. The decrease was 3.3 percentage points more than in the previous week.
# B" |$ f) q% Z+ _: H, b% U　　Further, the prices of eight seafood products went down 0.1 percent week-on-week.
9 t1 [; ~9 Y$ h$ m% j　　Also, beef prices shrank 0.1 percent week-on-week. Pork prices went up 0.3 percent, but the growth rate was 1.9 percentage points lower than the previous week.
　　Food prices account for about one-third of the weighing in China's consumer price index (CPI), a major gauge of inflation, and the falling farm produce prices are expected to ease some inflationary pressure for the government.
( |0 M4 Q" G: ]  h* {. \1 ~- R　　China's CPI rose to a 25-month high of 4.4 percent year-on-year in October and the hike was largely contributed by a 10.1 percent surge in food prices.