Prices of capital goods rise in China

 Most capital goods monitored by the government registered higher prices late July compared with mid-July, official data showed on Wednesday.

The Bureau Statistics said that the 50 major goods monitored by the government, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 31 reported rising prices during the period.

According to statistics organization, 18 registered lower prices, while one saw remain unchanged.

Hog prices edged down 0.6 per cent late July compared to mid-July.

The readings released every ten days were based on a survey nearly 2,000 wholesalers and distributors 31 provincial-level regions. (Xinhua/NAN)