CPI jumps higher than predictions
By Chen Jia in Beijing and Gao Changxin in Shanghai | China Daily | Updated: 2012-04-10 08:01
Inflation rate hits 3.6% in March as further easing policies under review
Inflation, driven by food and energy prices, hit a higher-than-expected 3.6 percent in March renewing concerns about inflationary pressures in the coming months.
The latest figure may see the government adopt a more cautious stance on monetary loosening and stimulus measures despite cooling economic growth, analysts said. The government's inflation target for the year is 4 percent.
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