Economy
China's Jan CPI up 4.9%; PPI up 6.6%
Updated: 2011-02-15 10:38
(Xinhua)
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BEIJING - China's consumer inflation accelerated in January on surging food prices, adding pressure for the government to tackle escalating inflation amid the nation's spreading winter drought.
Food prices soared 10.3 percent year-on-year.
PPI up 6.6%
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BEIJING - China's producer price index (PPI), a major measure of inflation at the wholesale level, rose 6.6 percent in January year-on-year, the National Bureau of Statistics (NBS) announced Tuesday.
The January PPI was 0.9 percent up from the previous month, said a statement on the NBS website.
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