The price of pork in China sees its slowest increase in a year, though analysts say the easing could also be attributed to a high base comparison.
Chinese inflation moderated in August, data showed on Wednesday, September 9, as a slowdown in the surging price of pork tempered food costs.
The price of pork, a staple in China, has been soaring for more than a year after the country's pig herds were ravaged last year by African swine fever, which forced the culling of at least a million animals. A national campaign to curb mounting food waste in August sparked speculation that the country's food supply outlook is worse than the government admits – exacerbated by swine fever, the coronavirus outbreak, and this year's heavy flooding which destroyed huge swathes of farmland.
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