Microblog insights
China Daily | Updated: 2013-03-11 05:55
Topic 1:
China's consumer price index grew 3.2 percent year-on-year in February, the highest level in 10 months, the National Bureau of Statistics announced on Saturday. The food price rose by 6 percent and non-food products rose 1.9 percent, according to the announcement. This followed Premier Wen Jiabao's pledge last week that this year's annual inflation rate should be controlled within 3.5 percent.Luni 8708: The internationalization of the yuan will add pressure to domestic inflation. Imported inflation will be a trend in the future.
Shanzhaishenqi: This rebound could be attributed to the fact that Spring Festival was in February. Next month the CPI may drop.
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