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
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