The price of pork drives up inflation in China
The price increase of pork generates social dissatisfaction and significantly drives up inflation in China. The government will make every effort to increase stocks.
Inflation has moderated somewhat in China in August, but the extremely high food prices continue to cause great concern for both the public and the government. The price of pork in July increased by 57 percent, compared to last year and this trend continued also in August with a lesser extent – reports MTI.
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