Pork plays a part in inflation

by 5m Editor
12 November 2007, at 10:14am

CHINA - In China, the wholesale price of pork, the country’s staple meat, has gone back up to US$2.5 per kilogram.

The price hike has been blamed on increasing demand and rising breeding and transportation costs to the country’s large cities.

The price of pork almost doubled this year before starting to decline in mid-August.

The sharp price rises drove up China's consumer price index to an 11-year-high of 6.5 percent in August.

Source: MalaysiaSun

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5m Editor