According to the statistics released by the Guangzhou Survey Team of the National Bureau of Statistics on July 11, 2012, Guangzhou's urban consumer price index (the "CPI") for June dropped by 0.3 percent month on month, of which the food prices fell by 1.0 percent, while the non-food prices rose by 0.1 percent.

Prices of Guangzhou's eight categories of commodities (services) included in the CPI data for June saw a "seven-drop and one-rise" trend compared with those in May. Among them, the food prices continued to drop by 1.0 percent month on month, contributing to a CPI decrease of 0.3 percentage points, which was mainly attributed to the drop of the prices of fresh vegetables, aquatic products, etc. As a peak season for melons and beans, June saw the increase of vegetable supply, which resulted in a 13.5 percent drop of vegetable prices.