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China’s consumer inflation hit 8-year high as pork prices surged, factory-gate prices fell for 5th straight month

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China’s consumer inflation hit the highest in eight years boosted by pork prices which more than doubled year-on-year in November, while factory-gate prices fell for the fifth consecutive month, although at a slower pace, complicating policy makers’ efforts to boost the country’s slowing economy.

The consumer price index (CPI) rose 4.5 per cent year-on-year last month, said the National Bureau of Statistics on Tuesday, breaking through the 4 per . . .

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