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A Taste of Hope

And as he sat down to enjoy his creation, he knew that no matter what challenges lay ahead, good food would always be there to nourish and comfort.....

The sizzling sound of the wok echoed through the kitchen, a familiar melody to Mr. Chen. He was preparing a dish that was a staple in his household, Chinjarosu. As he tossed the thinly sliced pork loin in the pan, he couldn’t help but think about the recent economic news.

China’s CPI inflation had eased, a sign that the recovery was still fragile. Pork prices, once a major driver of inflation, had surged, but other food prices had declined. It was a mixed bag, a reflection of the complex economic landscape.

But Mr. Chen wasn’t worried. He knew that good food could always bring comfort, even in uncertain times. He added the colorful bell peppers and the crisp bamboo shoots to the wok, their vibrant hues contrasting with the rich brown of the pork.

As he stirred the ingredients, he remembered his grandmother’s words: “Food is not just sustenance, it’s a celebration of life.” And so, he poured in the savory sauce, a blend of oyster sauce, sake, soy sauce, sugar, and chicken stock powder. The aroma filled the room, a promise of a delicious meal to come.

China's CPI Inflation Eased
June CPI
0.2% yoy
Down from 0.3% in May
Below Expectations
BBG: 0.4%
AXA IM: 0.3%
Monthly CPI
Second Month of Decline
-0.2% mom
From -0.1% in May
Pork Prices
11.4% mom
18.1% yoy
Other Fresh Food
Vegetables: -7.3% mom, -7.3% yoy
Fruit: -3.8% mom, -8.7% yoy
Overall Food Prices
-0.6% mom
-2.1% yoy

As he plated the Chinjarosu, he couldn’t help but feel a sense of satisfaction. It was more than just a dish; it was a symbol of resilience, a testament to the enduring spirit of the Chinese people. And as he sat down to enjoy his creation, he knew that no matter what challenges lay ahead, good food would always be there to nourish and comfort.


China reaction: CPI inflation moderates as PPI narrows its fall

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