CPI sees its slowest pace in two years

Low consumer inflation limits chances of China tightening monetary policy

China's consumer price index, a key gauge of retail inflation, rose 0.8 percent last month, the slowest growth in two years, due to the distortion caused by the timing of the Chinese Lunar New Year.

Analysts said the low consumer inflation reduces the possibility of China tightening its monetary policy and leaves room for policymakers to focus on risk prevention, analysts said.