The Business Times
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China's January inflation drops to five-year low

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Published Tue, Feb 10, 2015 · 09:50 PM

    Beijing

    CHINA'S inflation dropped to a five-year low in January, official statistics showed with prices falling 0.8 per cent year-on-year, piling pressure on the central bank to further loosen monetary policy.

    Analysts had expected CPI to increase one per cent monthly, according to a Bloomberg estimate.

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