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China producer price index up 8.1 pct



By ELAINE KURTENBACH, AP
09 May 2008 @ 08:35 am EST

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China's retail consumer prices rose 8.3 percent in March, a slight decline from February's 8.7 percent gain, which was the highest inflation rate in nearly 12 years. Earlier this week, comments by officials suggesting a further drop-off in inflation rate prompted a surge in share prices.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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