China's inflation falls to 3.2 percent - WAOW - Newsline 9, Wausau News, Weather, Sports

China's inflation falls to 3.2 percent

BEIJING (AP) -- China's inflation fell sharply in February as rapid rises in politically sensitive food costs eased.

The government reported Friday that consumer prices rose 3.2 percent, down from January's 4.5 percent. Food prices gained 6.2 percent, down markedly from the previous month's 10.5 percent increase.

The inflation decline gives Beijing more leeway to stimulate China's slowing economy without concern about fueling price rises and possible unrest.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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