Friday, August 20, 2010

Vegetable prices hike inflationary pressure


Vegetable prices hike inflationary pressure
Vegetable is a kind of food that needed for people because it is including several vitamins. In recently years majority people of China favor vegetable because vitamin in vegetable help them in many way such as digestion system. China faced a vegetable inflation problem because many Chinese people consumed too much vegetable. According to consuming too much vegetable, farmer is unable to produce as fast as people’s eating behavior. China 's State Council have order to increase vegetable supplies in order to reduce the vegetable’s price. The vegetable’s price is unstable in many years which was unusual event. Consumer eating vegetable ranking grew up 3 percent in a whole years and this month it is possible that vegetable ranking increase 4 percent. Another reason farmer is fighting to the raining season because the flood from raining destroyed a lot of crops. According to the flood vegetable’s price raise 8 percent since July, while prices of eggs have increased 20 percent since June, reflecting the effect of floods, higher costs and hoarding.



I think government should give a hand to farmer because the flood affected many things and people such as farmers who got less product and inflation of vegetable. They should create high technology invention to protect the products to farmer so famer can harvest more products.

http://www.chinadaily.com.cn/business/2010-08/20/content_11179976.htm

No comments:

Post a Comment