Tag: Wang Youqin

• Tuesday, February 15th 2011 - 21:45 UTC

  New CPI basket eases China inflation; Beijing says it has abundant grain reserves

  

  China said on Tuesday consumer prices rose 4.9% in January, a lower-than-expected figure. According to data released by the National Bureau of Statistics (NBS), the Consumer Price Index (CPI), the main gauge of inflation, was 0.3 percentage points higher than in December but still lower than November’s 28-month-high of 5.1%.