Rolling coverage of the latest economic and financial news, including new UK labour market statistics
Overnight, the latest Chinese inflation data has given us plenty to ponder. The bad news for consumers is that pork prices have surged by over 46% year-on-year, as African swine fever rages. More than one million pigs are though to have been culled in recent months, in an attempt to slow the epidemic.\nMeanwhile, China’s producer price index fell by 0.8%.
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