Latest China Inflation

The latest figures for inflation in China, last month, say that prices were down over 1.5% year-over-year.  One of the prices they pointed out was pork, down 18% from last year.  Of course, last year pork prices were up over 60%.  We actually bought pork yesterday and it is the same price that we have been paying.  Anyway, we have not seen pork or any other prices go down, in our neighborhood, in Guangzhou.

 

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