URGENT ¥¥¥ China inflation rises to 3.2% in February

Inflation in China rose to 3.2 percent in February, the National Bureau of Statistics said Saturday, up from 2.0 percent in January to a 10-month high.

Month on month the consumer price index -- a main gauge of inflation -- rose 1.1 percent, its highest increase in 13 months, it said, with food prices a significant driver of the rise.