BEIJING: China’s annual inflation fell sharply in April to its lowest level in 18 months, official data showed Friday, raising concerns about the risk of deflation in the world’s second-largest economy.
The consumer price index—a main gauge of inflation—went up by 1.8 percent year-on-year last month, the National Bureau of Statistics (NBS) said in a statement, down from a rise of 2.4 percent in March.
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