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March 17, 2014

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HomeCity specialsHangzhou

Inflation rate down

THE consumer price index, the main gauge of inflation, rose 2.5 percent year on year in February, but the figure is 0.3 percentage points lower than January’s reading, the Hangzhou Bureau of Statistics said.

The CPI growth slowed sharply because food costs, which make up nearly one third of the CPI basket of prices, declined after the Spring Festival holiday, the bureau said.


 

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