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At 0.8%, the inflation in China

Lower to expectations proved to be in February, the inflation in China, and the price index slowed to 0.8% from 2.5% in January.

Analysts of The Wall Street Journal had expected that inflation would have been 1.6%.

In each case, the performance of February is far from the government's inflation target of 3%.

 

The slowdown in price growth is attributable, according to analysts, to the unexpected strengthening of foreign exchange reserves of the central bank.

 

Source: www.naftemporiki.gr

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