China's inflation rebounded to 3.6 per cent in March after logging a lower growth in February,triggering concerns over the country's ability to contain the rate of price rise. The National Bureau of Statistics (NBS) said today, the main gauge of inflation, China's consumer price index (CPI),expanded 3.6 per cent year-on-year in March.State run Xinhua reported that it was higher than 3.2 per cent rate registered in February, the lowest pace recorded in 20 months. Food prices, which account for nearly one-third of the weighting in the calculation of China's CPI, increased 7.5 per cent last month from one year earlier.
News On AIR | April 9, 2012 12:06 PM
China CPI growth rebounds to 3.6% in March