Economic data signals stable growth
By Zhou Lanxu and Xin Zhiming | China Daily | Updated: 2019-04-12 07:29
China's consumer and factory-gate inflation picked up in March as government efforts to stabilize economic growth have begun to boost domestic demand, analysts said.
And as core inflation remains stable, it is unnecessary for policymakers to specifically respond to rising consumer inflation.
The consumer price index in March rose 2.3 percent from a year earlier, a five-month high, mainly due to rising food prices, the National Bureau of Statistics said on Thursday.
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