Tue, March 10, 2009
Business > Economy

China CPI falls to minus 1.6% in Feb., 1st negative growth in 6 yrs

2009-03-10 02:02:17 GMT2009-03-10 10:02:17 (Beijing Time)  Xinhua English

BEIJING, March 10 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, fell to minus 1.6 percent year on year in February, the National Bureau of Statistics said Tuesday.

It is the first monthly negative growth since December 2002 when CPI was down to minus 0.4 percent.

China has set a full-year inflation target of four percent for 2009.

Add Your Comments:

Your Name:
Your Country:
Comment:
(English Only)
 
Please read our Terms of Service. Messages that harass, abuse or threaten others; have obscene or otherwise objectionable content; have spam, commercial or advertising content or links may be removed.

SPECIAL COVERAGE

MOST VIEWED

LATEST VIDEO

PICTURE GALLERY