date:Apr 17, 2014
Increased food prices drove China's inflation at retail level to rise at a faster pace in March than the previous month, but the inflation pressure still remained subdued and gave policymakers enough room to mull economic policy action.
China's consumer price index (CPI), a main gauge of inflation, increased 2.4 per cent year on year in March, up from 2 per cent in the February, official data showed on Friday.
The acceleration in inflation was mainly attributed to faster growth of food prices,