China's consumer prices increased the most in more than three years in February, driven by higher spending during the Lunar New Year holiday, while producer prices continued to fall, official data revealed Monday.
Consumer prices gained 1.3 percent year-on-year in February, faster than the 0.2 percent rise in the previous month, the National Bureau of Statistics said. This was the strongest increase since January 2023. Prices were expected to climb 0.9 percent.
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by Renju Jaya
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