China's CPI Rises to 2.4% in April

Consumers select fruit at a supermarket in Yinchuan, capital of northwest China's Ningxia Hui Autonomous Region, May 8, 2013. China's consumer price index (CPI), a main gauge of inflation, grew 2.4 percent year on year in April, up from 2.1 percent in March, the National Bureau of Statistics (NBS) said Thursday. The NBS attributed the gain mainly to an unusual increase in vegetable prices during that month as low temperatures and scarce rainfalls disrupted supplies. [Xinhua]