Fresh fruit prices rose to a record high of 26.7 per cent compared to a year ago, accelerating from the 14.8 per cent gain registered in April. Photo: Reuters
China’s consumer inflation rises to 15-month high amid pork crisis, African swine fever epidemic
- The consumer price inflation (CPI) rate accelerated to 2.7 per cent in May, with pork prices jumping 18.2 per cent
- Producer prices charged by factories decelerate in May as expected due to lower cost of commodities like oil and natural gas
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China pork crisis
Fresh fruit prices rose to a record high of 26.7 per cent compared to a year ago, accelerating from the 14.8 per cent gain registered in April. Photo: Reuters