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China Inflation Accelerates; Factory Gate Inflation At 45-Month High

China's inflation unexpectedly accelerated and factory gate inflation hit a 45-month high in April as the war in the Middle East pushed up energy prices, official data showed Monday.

Consumer price inflation rose to 1.2 percent in April from 1.0 percent in March, the National Bureau of Statistics reported. Prices were expected to climb 0.9 percent.

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by Renju Jaya

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