China's Inflation Raises 5.4% in March

Consumer prices rose 5.4 percent over a year ago, driven by 11.7 percent surge in food costs, data showed on April 15. That was up from February's 4.9 percent.

The government aims to keep this year's overall CPI rise under 4 per cent.

The CPI fell 0.2 per cent from a month earlier.

March inflation was the highest since July 2008, when prices rose 7.1 percent.

China's producer price index, a measure of wholesale factory prices that can be a leading indicator of inflation pressures, rose 7.3 per cent from a year earlier in March, the data showed, higher than February's 7.2 per cent rise.

4/15/2011 9:31:01 AM