China's consumer price index (CPI), a main gauge of inflation, picked up faster in April by rising 2.8% year on year, and was up 0.4 percentage point from 2.4% in March, Xinhua reported, citing the National Bureau of Statistics (NBS). The CPI dropped 1.5% in the same month last year.
For the first four months, China's CPI rose 2.4% year on year. The producer price index (PPI), a major measure of inflation at the wholesale level, grew 6.8% year on year in April and was up 0.9 percentage point from March.
In April, consumer prices in China's urban areas increased 2.7% and in rural regions by 3%. Food prices, which accounted for about a third of the weighting in calculating the CPI, gained 5.9% during the month.
China is targeting a rise in consumer prices of around 3% this year, according to a government work report delivered by Premier Wen Jiabao in March at the annual legislative session.
China's CPI ended nine months of decline in November of 2009, when it rose 0.6 percentage point, as the nation's economy rebounded strongly ever since.
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