China's (FXI, quote) consumer prices grew 2.3 percent in March year on year, the same as in February, according to the data issued by the National Bureau of Statistics Monday.
The consumer price index (CPI), a main gauge of inflation, shrank 0.4 percent in March from February, the National Bureau of Statistics said in a statement.
NBS statistician Yu Qiumei attributed the inflation growth mostly to high vegetable and pork prices.
Pork prices jumped sharply by 28.4 percent year on year, contributing 0.64 percentage points of CPI growth, while vegetable prices skyrocketed by 35.8 percent, accounting for 0.92 percentage points of CPI growth.
Food prices soared 7.6 percent year on year while non-food inflation edged up 1 percent in March.
Since January, CPI data have been calculated using a new comparison base that takes into account new products and services, reflecting
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