Pork prices in China are expected to have dropped by 1.15 percentage points in October, compared with September. Photo: Reuters
Pork prices in China are expected to have dropped by 1.15 percentage points in October, compared with September. Photo: Reuters

China’s inflation rate seen falling sharply on lower pork prices, subdued consumer demand

  • The National Bureau of Statistics in Beijing is due to release the official October consumer price index (CPI) figure on Tuesday
  • As of the end of October, the country’s average pork price had fallen for nine straight weeks, and has been below the level of a year earlier since the third week of October

Pork prices in China are expected to have dropped by 1.15 percentage points in October, compared with September. Photo: Reuters
Pork prices in China are expected to have dropped by 1.15 percentage points in October, compared with September. Photo: Reuters
READ FULL ARTICLE