TABLE-China pork prices soar in latest week - MOFCOM

Newswire

BEIJING, June 21 (Reuters) - Pork prices in China jumped 4.8 percent in the week ended June 19, following a 1.6 percent rise in the previous week, weekly data published by the Ministry of Commerce showed on Tuesday. The price of pork, a staple food product, is particularly sensitive in China as it has a sizeable impact on the public's inflation expectations. Food inflation, the biggest driver of China's headline consumer price index, climbed 11.7 percent in the year to May, keeping ...

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