Belfast Telegraph

China's inflation rises after food prices soar

China's inflation edged up in March as the government shifted focus from containing politically dangerous price rises to stimulating its slowing economy.

Consumer prices rose 3.6% over a year earlier, up from February's 3.2%, data showed. That was driven by a 7.5% rise in politically sensitive food costs.

Beijing shifted focus from cooling prices to shoring up economic growth after inflation eased from a high of 6.5% in July.

Analysts expect economic growth to fall to a new low of about 8% for the three months ending in March, down from 8.9% in the final quarter of 2011. Official data is due to be reported this week.

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