BBC News - Asia

Friday, March 9, 2012

China'a inflation rates fall


China's inflation rate has fallen to a 20-month low as food price rises eased, giving policy-makers room to stimulate the economy.
Inflation was 3.2% in February, down from 4.5% the previous month, the National Bureau of Statistics said. That is the lowest since July 2010.
Premier Wen Jiabao on Monday set China's 2012 inflation target at 4%.
China's economy has been sluggish in recent months as weak demand from Europe has weighed on exports.

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