China consumer price index falls 1.5 pct in April

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May 11, 2009 06:15

 
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China's inflation rate fell for the third month in a row in April as prices for foods and energy plunged from high levels the year before. The consumer price index, which is heavily weighted toward food items, fell 1.5 percent in April, the National Statistics Bureau reported Monday. That compared with a 1.2 percent decline in March. Food prices fell 1.3 percent, with prices for meat falling 13.5 percent, the bureau said in a statement on its Web site.

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