Inflation in China grows 5.4% year-on-year in January: the price of pork soars 116%
China's consumer price index (CPI), the main indicator of inflation, rose 5.4% year-on-year in January, nine tenths more than in the previous month, and above analyst forecasts, which had forecast a rise of around 5%. It is also the largest year-on-year growth registered by the CPI in a month since October 2011, according to the … Read more