China inflation eases to 3.2% in Feb
Updated: 2012-03-09 09:48
China's CPI growth falls to 3.2% in Feb
BEIJING - China's consumer price index (CPI), a main gauge of inflation, rose 3.2 percent year on year in February, the lowest growth since June 2010, the National Bureau of Statistics (NBS) said Friday.
The increase eased from a 4.5 percent rise registered in January, when a shopping spree during the traditional Chinese Lunar New Year boosted retail prices.
The country's CPI climbed 3.9 percent in the first two months compared with the previous year. On a monthly basis, CPI dipped 0.1 percent in February, the NBS said.
China PPI stays flat in Feb
BEIJING - China's Producer Price Index (PPI), a main gauge of inflation at the wholesale level, remained unchanged in February from a year earlier, the National Bureau of Statistics (NBS) said Friday.
The zero-growth reading, the lowest since December 2009, further eased from 0.7 percent in January, after hitting a 31-month high of 7.5 percent in July last year, NBS data showed.
On a month-on-month basis, the country's February PPI grew 0.1 percent from January, the NBS said in a statement on its website. [Full Story]