China's CPI slows down in March

Note: This section contains information in English only.
Source: RTT News

Consumer price inflation in China slowed down notably in March after it reached a ten-month high in the previous month amid receding of seasonal increase in food prices, a data released by the National Bureau of Statistics showed on Tuesday. A report showed that the consumer price index added 2.1% on an annual basis in March after it rose 3.2% the month before.


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Tue, 09 Apr 2013 14:42:39 GMT

WTI rises as inventories reach 22-year high

West Texas Intermediate oil increased for the second straight day on Tuesday after a report showed that inflation in China rose less than expected in March and as U.S. crude inventories reached the highest figure in 22 years. May WTI futures gained 46 cents to $93.82 a barrel on the NYMEX and it was traded at $93.70 at 9:15 a.m.

Tue, 09 Apr 2013 14:20:12 GMT

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