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China’s pork prices rise at the slowest pace in more than a year

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People wearing face masks move packs of vegetables at a wholesale market for agricultural products, as the country is hit by an outbreak of the novel coronavirus, in Beijing, China February 19, 2020.

Tingshu Wang | Reuters

BEIJING — China’s consumer price index rose slightly in September as food prices climbed, even with a drastic slowdown in the increase in pork prices.

The consumer price index rose 1.7% last month from a year ago, China’s National Bureau of Statistics said Thursday. That figure was slightly below the 1.8% rise predicted by analysts in a Reuters poll, and below the 2.4% increase in August.

Overall food prices remained elevated, up 7.9% in September from a year ago, with…



Source cnbc.com

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