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CPI jumps higher than predictions

By Chen Jia in Beijing and Gao Changxin in Shanghai | China Daily | Updated: 2012-04-10 08:01

CPI jumps higher than predictions

Inflation rate hits 3.6% in March as further easing policies under review

Inflation, driven by food and energy prices, hit a higher-than-expected 3.6 percent in March renewing concerns about inflationary pressures in the coming months.

The latest figure may see the government adopt a more cautious stance on monetary loosening and stimulus measures despite cooling economic growth, analysts said. The government's inflation target for the year is 4 percent.

CPI jumps higher than predictions

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