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The March figure is the highest since January 2017 when it climbed 18.72 percent.
This is according to the March 2021 consumer price index/inflation report released by the National Bureau of Statistics on Thursday.
The food inflation also increased by 1.16 percent on a year-on-year basis from 21.79 percent in February to 22.95 in March.
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This rise in the food index was caused by increases in prices of Bread and cereals, Potatoes, yam and other tubers, Meat, Vegetable, Fish, Oils and fats and fruits.
“The urban inflation rate increased by 18.76 percent (year-on-year) in March 2021 from 17.92 percent recorded in February 2021, while the rural inflation rate increased by 17.60 percent in March 2021 from 16.77 percent in February 2021,” the report said.
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The consumer price index which measures inflation increased by 17.33 per cent (year-on-year) in February 2021.
The National Bureau of Statistics on Tuesday revealed this in its report on Consumer Price Index for the month of February.
This marked the highest figure recorded in the country since 2017.
According to the NBS, the February rate is 0.86 per cent points higher than the rate recorded in January 2021 (16.47) per cent.
Increases were recorded in all COICOP divisions that yielded the headline index.
The urban inflation rate increased by 17.92 per cent (year-on-year) in February 2021 from 17.03 per cent recorded in January 2021, while the rural inflation rate increased by 16.77 per cent in February 2021 from 15.92 per cent in January 2021.
China s tourism sector reports accelerated recovery
1 2021-03-17 11:22:42Xinhua
Editor : Li Yan
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Tourists view cherry blossoms at Jimingsi Road in Nanjing, East China s Jiangsu province, March 16, 2021. （Photo/Xinhua）
China s tourism sector has reported a strong recovery so far this year and is expected to continue its current momentum as China further lifts travel restrictions amid a stable COVID-19 situation.
The tourism sector logged encouraging statistics during the Spring Festival holiday in mid-February, according to data from the China Tourism Academy.
Domestic tourism revenue recorded year-on-year growth starting from the third day of the weeklong holiday, while the number of tourists traveling to and from major tourist destinations like Guangdong, Shanghai and Beijing exceeded or almost reached the levels seen during the 2019 Spring Festival.
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