Pork prices rose by 97.0 per cent in December from a year earlier, sending consumer inflation soaring. Photo: Xinhua

China’s pork price rockets 97 per cent in December, keeping inflation at eight-year high

  • Pressure increases on Chinese government to arrest pork crisis amid African Swine fever outbreak, with Lunar New Year approaching, where pork is a vital dish
  • The consumer price index (CPI) rose by 4.5 per cent in December, while the producer price index (PPI) continued to fall, dropping by 0.5 per cent last month
Topic |   China economy

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Pork prices rose by 97.0 per cent in December from a year earlier, sending consumer inflation soaring. Photo: Xinhua
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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.

Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.

Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.