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BEIJING, March 10 (Xinhua) -- China's consumer price index (CPI), the main gauge of inflation, grew 1.4 percent year on year in February Cheap Hydro Flask Sale , the National Bureau of Statistics (NBS) said Tuesday.
The stronger-than-expected reading quickened from the 0.8-percent gain in January, the lowest level in more than five years.
NBS statistician Yu Qiumei attributed the recovery to rising food and travel prices during the Chinese Lunar New Year Holiday. Distortions caused by the
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Food prices, which account for nearly one-third of weighting in China's CPI, increased 2.4 percent year on year in February. On a monthly basis Cheap Ombre Hydro Flask , consumer prices in January went up 1.2 percent.
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China's economy grew 7.4 percent in 2014, the weakest annual expansion in 24 years, and a string of economic indicators for the new year, including
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The annual government work report, delivered by Premier Li Keqiang at the opening meeting of the national legislature's annual session, set this year's
economic growth target at around 7 percent and inflation control target at
around 3 percent.
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