98 days ago • Posted by William Ramstein
Food inflation on pork is highest in China
Remember last week's large ship stall in the China seas, ships coming from Australia and the like ? Frozen fish shipments were stalled at ports in China as inspections of covid in food slowed imports. The unfortunate timing of the spike in prices is due to the resurgence of the coronavirus, which China had thought contained, and a much chillier-than-usual winter. The combination of events is raising food costs and nudging up inflation just as households demand heaving tables for the new year festivities.