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China's CPI drops on base effect, factory prices pick up (2)

(Xinhua)    10:15, March 11, 2021

People select products at a supermarket in Lianyungang City, east China's Jiangsu Province, March 10, 2021. China's consumer price index (CPI), a main gauge of inflation, declined 0.2 percent year on year in February due to a higher comparison base last year, data from the National Bureau of Statistics (NBS) showed Wednesday. Food prices went down 0.2 percent year on year, dragging down the consumer inflation by 0.05 percentage points, according to the data. (Photo by Wang Chun/Xinhua)


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