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China inflation hits 5.2% in Feb on surge in pork prices

Factory prices return to deflation dropping 0.4% y-o-y with virus outbreak disrupting country's supply chain

Wed, Mar 11, 2020 - 5:50 AM

Pork prices spiked in February, jumping 135.2 per cent from a year earlier, up from an 116 per cent increase in January.

PHOTO: REUTERS

Beijing

CHINA'S consumer price index (CPI) was up 5.2 per cent in February due largely to a sharp rise in pork prices.

Factory prices returned to deflation dropping 0.4 per cent year-on-year with the ongoing Covid-19 virus outbreak disrupting the country's supply chain.

"The...

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