Soaring pork prices hog headlines and sow discontent in China
The government dips into its pork reserves to quell both grumbles and inflation
ECONOMISTS RARELY think about the average gestation period of pigs (115 days) or the length of time a sow needs to reach sexual maturity (roughly six months). But in China, a basic knowledge of hog-breeding cycles is part of the job. Pigs are so central to the Chinese diet that the ups and downs of pork prices have an outsized impact on inflation. Once again, porcine expertise is in demand: African swine fever has devastated China’s pigs, complicating its economic outlook.
This article appeared in the Finance & economics section of the print edition under the headline “A porcine phenomenon”
Finance & economics September 14th 2019
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