China's inflation rate eases to 2 pct in February

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Associated Press

Posted on March 8, 2014 at 11:07 PM

Updated Sunday, Mar 9 at 4:02 AM

BEIJING (AP) — China's inflation rate eased in February to 2 percent year-on-year amid signs the world's second-largest economy might be cooling.

The consumer price rise reported Sunday by the National Bureau of Statistics was down from January's 2.5 percent.

Lower inflation could ease pressure on Chinese leaders as they try to focus on promised reforms aimed at making the economy more productive and keeping growth strong.

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