Hacker News Reader

> Mainly caused by normalizing pork price, last year it went wild due to swine flu.

Seriously? One food can cause the entire economy to slip into deflation?

Pork price is a huge component of Chinese CPI. Also the price reductions were massive, like double digit huge.

"A 26% year-on-year drop in pork prices, a staple food in China, contributed to the overall decline in the CPI in July"