CPI sign of economic 'recovery'
By Wang Xu | China Daily | Updated: 2009-02-11 07:42
The consumer price index (CPI) in January rose only 1 percent year-on-year, the lowest in 30 months, and the other measure of inflation, the producer price index (PPI), dropped 3.3 percent.
That prompted economists to say the economy may have bottomed out and could start growing again within a few months.
The National Bureau of Statistics (NBS) released the figures yesterday.
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