Price satisfaction rises, but ...

BEIJING - Price satisfaction among Chinese consumers picked up in the first quarter of this year, and expectations of further inflation declined.

That's according to a central bank survey released on Wednesday.

In the last quarter of 2010, figures indicated the lowest level of satisfaction since 1999. However, people's willingness to spend hit the lowest level for 12 years, according to the report. The People's Bank of China's survey covered 20,000 savers in 400 banks across 50 cities.