Pig shortage in China powers inflation -Telegraph .co.uk
By Mark Kleinman, in Hong Kong
A shortage of pigs and rising feed costs helped China's inflation index to its highest rate in more than a decade last month, raising the prospect of further interest rate hikes in the final quarter of the year.
As previously last year we presented the acute food and pig shortages in China propelling the inflation level to a decade high, it seems that Beijing is fast exporting its inflation level outside China.
Right Horizons Desk.
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