The Canadian PressApril 11, 2014 02:06
BEIJING, China - China's consumer inflation edged up in March as food prices rose despite signs the world's second-largest economy is slowing.
Consumer prices rose 2.4 per cent compared with a year earlier, up from February's 2 per cent rise, government data showed Friday. The increase was driven by a 4.1 per cent rise in politically sensitive food costs.
Producer prices, measured as goods leave the factory, fell by 2.3 per cent in a sign of weakening economic growth, the National Bureau of Statistics reported. It was their 25th straight month of decline.