Weaker pork price drags China’s inflation growth in 2021
The slump of pork price in China helped limit the rise of inflation across the country last year amid strong quantitative easing around the globe and severe disruption in global supply chain.
Pork price in the world’s largest hog producing country plummeted in 2021, weighing on the country’s overall food inflation and subsequently limited the growth of inflation which is measured by the Consumer Price Index (CPI).
“With the continuous expa...