Pork prices fall, forcing down inflation rate
By Zhou Siyu | China Daily | Updated: 2013-04-10 08:00
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Customers look at pork and other meat at a supermarket in Handan, Hebei province. Pork prices in 36 cities fell for six consecutive weeks up to April 1, and the government is increasing pork reserves to shore up the pig industry. Hao Qunying / For China Daily |
China's pork prices, which weigh heavily in inflation calculations, registered a sharp decline in March, putting downward pressure on the country's inflation while leading to widespread industry losses.
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