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China’s consumer inflation rebounds on surging food prices, factory gate price picks up for first time in 9 months

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China’s consumer inflation picked up sharply in March boosted by surging food prices after an outbreak of African swine fever has drive pork prices higher, while factory-gate prices picked up for the first time in nine months.

China consumer price index (CPI) rose 2.3 per cent from a year earlier, picking up from the 1.5 per cent increase in February, the National Bureau of Statistics (NBS) said on Thursday.

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