Retail Food Prices: China

Consumer food price change*: +10.3% YOY
Potatoes: $0.64/kg (+33.33% YOY)
Rice: $0.79/kg (+29.51% YOY)
Wheat flour: $0.59/kg (+18% YOY)
Pork: $3.44.kg (+19.03% YOY)

Food prices, up 10.3 percent year-on-year in January, helped drive consumer prices up 4.9 percent from a year earlier, according to government figures. China’s northeast has also experienced severe drought, threatening its wheat crop, although officials claim it will not affect global food prices, reported Bloomberg.

* Food price change from Bloomberg, January 2011. Item prices from FAO, January 2011.
 
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