CHINA’S consumer price index rose 2.4 percent in April from a year earlier, but analysts expect the figures to ease again as poultry and pork prices declined sharply amid the bird flu scare.
The index gained from March’s 2.1 percent and was also higher than the market’s average expectation of 2.2 percent growth, data from the National Bureau of Statistics revealed yesterday.
Yu Qiumei, a senior economist at the bureau, said the rising costs of vegetables was the major reason for the rebound.
Read Full Article HERE
Wang Yanlin via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/1kRofzNXFGo/
No comments:
Post a Comment