Pork and other food prices in China jumped in February as restrictions on movement to limit the spread of coronavirus pushed up prices.
The price of pork surged 135.2 per cent compared to a year earlier as the price of food rose 21.9 per cent, according to the National Bureau of Statistics. Overall consumer prices rose 5.2 per cent, in line with a Reuters poll, and down from the 5.4 per cent increase in January.
Chinese authorities locked down cities and restricted movement across the country in a bid to limit the spread of the coronavirus, which originated in Wuhan. Ensuing supply disruptions had already pushed the price of piglets to record highs, as farmers bet on pork shortages.
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