The price of pork in China has more than doubled in the first seven months of the year from the same period in 2019. Photo: Reuters
Chinese consumers grapple with ‘flying pigs and rocketing eggs’ as supply disruptions send food inflation soaring
- China’s consumer inflation accelerated by 2.7 per cent last month from 2.5 per cent in June, due mainly to rising food prices
- Supply-side problems have sent pork and egg prices surging this year, with many Chinese consumers starting to feel the pinch
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The price of pork in China has more than doubled in the first seven months of the year from the same period in 2019. Photo: Reuters