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%
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Very interesting price increase. Are soybeans listed, or are they included under liangshi ?
ReplyDeleteIt'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.
ReplyDeleteThanks!
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