September’s producer price index (PPI), which was also released on Tuesday by the National Bureau of Statistics, sunk further to minus 1.2 per cent from a year earlier. Photo: Reuters

China’s pork crisis sends consumer inflation rising to the brink of Beijing’s limit, highest level in six years

  • September’s consumer price index rose to 3.0 per cent, largely due to soaring pork prices
  • China’s producer price index, a measure of the prices manufacturers charge at the factory gate, also fell further into deflation at minus 1.2 per cent
Topic |   China economy

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September’s producer price index (PPI), which was also released on Tuesday by the National Bureau of Statistics, sunk further to minus 1.2 per cent from a year earlier. Photo: Reuters
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Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.

Frank Tang

Frank Tang

Frank Tang joined the SCMP in 2016 after a decade of China economy coverage and government policy analysis.