Pork prices - the biggest contributor to consumer inflation - started to soften as transport restrictions were lifted and slaughterhouses resumed work. BEIJING: Inflation in China grew at its slowest pace since last October, official data showed on Friday , falling from eight-year highs due to a drop in food prices as the country gradually lifts virus lockdowns.
Pork prices - the biggest contributor to consumer inflation - started to soften as transport restrictions were lifted, slaughterhouses resumed work and local governments increased sales of pork reserves, the NBS said. That was worse than the 0.4 per cent fall in February and the 1.1 per cent contraction expected in a Bloomberg survey of analysts.
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