Trade War Fallout: Pork Rises 2.9pc in July

CPI rises 0.3 percent in July, ending four straight months of deflation.

NBS: 2018年7月份居民消费价格同比上涨2.1%
PPI rises only 0.1 percent in July.

NBS: 2018年7月份工业生产者出厂价格同比上涨4.6%


  1. Very interesting price increase. Are soybeans listed, or are they included under liangshi ?

  2. It's not broken out in the CPI report. Soymeal prices have held up in the futures market. #1 soybean in Dalian is holding up as well, but #2 soybean is down. There's also this from SCMP: Why China’s pork producers can survive without US soybean imports. That article discusses various protein replacements.