China CPI rose in February

11 March 2010 @ 02:21 am EDT

China's CPI rose 2.7% in February from a year earlier compared with 1.5%, and it came higher then market forecasts of 2.5%. Producer prices gained 5.4% after climbing 4.3%, while analysts' estimate was 5.1%. The purchasing managers index came in at 10.3% from 8.0%, and it was expected to gain 8.5%.

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