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China's consumer price index expands

China,Business/Economy, Mon, 09 Apr 2012 IANS

Beijing, April 9 (IANS) China's consumer price index (CPI), a main gauge of inflation, expanded 3.6 percent year-on-year in March, the National Bureau of Statistics (NBS) said Monday.

 

The growth rebounds slightly from the 3.2-percent rate registered in February, the lowest pace in 20 months.

 

The country's CPI climbed 3.8 percent in the first quarter compared with the previous year. On a monthly basis, CPI edged up 0.2 percent in March, the NBS said.

 

 

Food prices, which account for nearly one-third of the weighting in the calculation of China's CPI, increased 7.5 percent last month from one year earlier, reported Xinhua.

 


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