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1st LD: China's consumer inflation up 0.9 pct in March

Xinhua, April 12, 2017 Adjust font size:

China's consumer price index, a main gauge of inflation, grew 0.9 percent year on year in March, the National Bureau of Statistics (NBS) announced Wednesday.

The pace, almost on par with market expectations, quickened from a growth of 0.8 percent in February. On a monthly basis, the CPI declined 0.3 percent, according to the NBS.

The NBS attributed the lower CPI reading on a monthly basis to lower food prices which fell 1.9 percent in March. Vegetable prices dropped the most, by 7.9 percent from that in February.

Non-food costs edged up 0.1 percent from a month earlier, with garment and healthcare prices rose remarkably. Endi