Chinese consumers grapple with ‘flying pigs and rocketing eggs’ as supply disruptions send food inflation soaring - ShareIsValue
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Tuesday, August 11, 2020

Chinese consumers grapple with ‘flying pigs and rocketing eggs’ as supply disruptions send food inflation soaring

When it comes to buying food for daily meals, Chinese consumers are increasingly being forced to swallow unaffordable prices for two staple products – so-called flying pigs and rocketing eggs.Supply-side problems have sent the price of pork surging this year and driven up egg prices in the past month, with the price trends becoming a fixture of local media reporting in the process.Last month, pork prices rose by 85.7 per cent on-year and expanded 10.3 per cent from June, new data from the…

from South China Morning Post https://www.scmp.com/economy/china-economy/article/3096777/chinese-consumers-grapple-flying-pigs-and-rocketing-eggs

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