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China consumer prices hit 4-month high of 2.5%

Rise in pork prices, low base effect are the main drivers of inflation last month

CHINA'S consumer price index picked up and hit a four-month high of 2.5 per cent last month, easing deflationary concerns in the world's second-largest economy. The number slightly beat market expectations of 2.4 per cent. In April, prices rose 1.8 per cent, sparking fears that inflation could