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China inflation set to ease further: stats bureau
(Agencies)
Updated: 2008-09-02 15:40 BEIJING - China's consumer inflation is set to ease further in coming months, thanks to declining food and oil prices, according to a National Bureau of Statistics report published on Tuesday. The consumer price index has eased for three months in a row to an annual increase of 6.3 percent in July from a decade-high of 8.7 percent in February. China's target for 2008 is to average 4.8 percent in consumer inflation for the full year. |