Consumer prices rose less than expected last month in China as the unappetizing and widely televised spectacle of thousands of dead pigs floating upstream from Shanghai helped push pork prices down sharply.
The National Bureau of Statistics announced that consumer prices were 2.1 percent higher in March than a year earlier. Prices had been 3.2 percent higher in February.
Pork is a staple of the Chinese diet and its price has long been such a significant component of the country’s consumer price index that it can influence overall inflation. Pork prices tumbled 5.5 percent last month in China from a year earlier, the National Bureau of Statistics said.
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Keith Bradsher, New York Times via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/a3rftTeFqnQ/
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