China’s pork shock deepens

Not much inflation to worry about in China today, unless you’re a pig, with the CPI at 2.8%. But check out pork as disease sweeps

It is driving some pretty impressive month on month gains but will pass:

Industry is plunging into deflation as overcapacity returns, down -0.8%:

And the ferrous bust is yet to hit. More deflation ahead.

David Llewellyn-Smith
Latest posts by David Llewellyn-Smith (see all)

Comments are hidden for Membership Subscribers only.