Consumer inflation moderates

Govt may announce more policy measures to help stimulate economic growth

Consumer inflation moderated to 1.2 percent in China during the first three months of the year, the lowest reading since the fourth quarter of 2009, indicating further room for policy easing amid sluggish economic activities.

The first quarter's close-to-deflation reading, on the back of weak domestic and overseas demand, is likely to be further proved by the expected below-7 percent GDP growth and other major indicators the government plans to release on April 15.