Pork price is a huge component of Chinese CPI. Also the price reductions were massive, like double digit huge. https://www.cnbc.com/2023/08/09/china-reports-sm

Pork price is a huge component of Chinese CPI. Also the price reductions were massive, like double digit huge. https://www.cnbc.com/2023/08/09/china-reports-smaller-than-expected-drop-in-consumer-prices.html https://www.cnbc.com/2023/08/09/china-reports-smaller-than-e... "A 26% year-on-year drop in pork prices, a staple food in China, contributed to the overall decline in the CPI in July"