BCN-22 Prices of most production goods rise in China

243

ZCZC

BCN-22

CHINA-GOODS-PRICE

Prices of most production goods rise in China

BEIJING, Aug. 26, 2019 (BSS/Xinhua) – China’s official data showed that
most production goods monitored by the government posted higher prices in mid
August compared with the previous 10 days.

Of the 50 major goods monitored by the government, including seamless
steel tubes, gasoline, coal, fertilizer and some chemicals, 21 goods saw
their prices rise during the period, with 20 posting lower prices and nine
seeing their prices unchanged, according to the National Bureau of
Statistics.

Prices of live pigs went up 16.2 percent while liquefied natural gas
dropped 1.3 percent.

The reading, released every 10 days, is based on a survey of nearly 1,700
wholesalers and distributors in 24 provinces and regions.

BSS/XINHUA/HR/1455