2004-02-25
China Consumer Price in 2003 was up by about 1.2%, 1% higher than the planned target. According to experts, Consumer Price in 2004 was up by about 3%, Price rise in food stuff is the main factor to drive up the price. Brisk demand was the fundamental momentum to pull up the rapid growth in price of energy resource and raw materials. Supply decrease is responsible for price rise in grain and rapid rebound in consumer price.
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