Consumer prices rise as China powers out of crisis

China said Friday it had ended an almost year-long bout of deflation in November while factory output picked up as the world's third-largest economy powered ahead following the global crisis.The nation's consumer price index, the main gauge of inflation, rose 0.6 percent year on year in November, the first increase since January, official data showed."The mild rise in prices during economic recovery is actually conducive to economic growth and job creation," Sheng Laiyun, spokesman for the National Bureau of Statistics (NBS), told a news conference.

* Feb CPI rises 3.2 percent from year earlier * Feb food CPI up 6.0 percent on year * Feb PPI falls 1.6 percent from year earlier

China said Thursday that consumer prices rose in February for the fourth straight month while new lending slowed sharply from a month earlier, as the government stepped up efforts to tame inflation.The consumer price index, the main gauge of inflation, rose 2.7 percent in February compared with the same month a year earlier, the National Bureau of Statistics said."We believe this year's price rises will be mild and controllable so we have to stabilise inflationary expectations," bureau spokesman Sheng Laiyun told a press conference.

China’s recovery is in quite good shape China’s economic growth accelerated for the first time in two years as government efforts to revive demand drove a rebound in industrial output, retail sales and the housing market.

China said Tuesday that consumer prices accelerated in April, which could increase pressure on policymakers in the world's third-largest economy to hike interest rates to rein in inflation.The consumer price index, the main gauge of inflation, rose a higher-than-expected 2.8 percent compared with April last year, the National Bureau of Statistics said.The increase also outpaced the 2.4 percent rise in prices in March but was below the government's own inflation target of three percent for the year.