Sticker shock jolts buyers to stores amid inflation worries
By Wang Jingqiong | China Daily | Updated: 2009-12-08 07:55
The stockpiling at the grocery store has begun.
Shoppers nationwide went scurrying to the supermarket to buy more cooking oil over the past few days before prices shoot up more than 15 percent.
On Sunday, prices of cooking oil, including main brands like Jinlongyu and Luhua, all went up 6 percent to 15 percent in most stores last week, according to Xinhua's price monitoring system. Even bigger increases are expected soon.
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