date:May 10, 2013
ase of vegetable prices was the main factor that fueled consumer inflation.
Food prices rose by 4 percent year-on-year, contributing 1.33 percentage points to April's CPI.
China has set an inflation target for this year of 3.5 percent, higher than the inflation rate for 2012 of 2.6 percent.
Liu Ligang, chief economist for Greater China at ANZ Bank, said that given weak growth activity and relatively subdued inflation, China may lean toward looser monetary policies to keep liquidity flowing to