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China's consumer inflation slows on weaker demand

Upward pressure on prices expected in coming months due to end of COVID controls

Sanya International Duty-Free City, a shopping complex in the Hainan province city of Sanya.   © Reuters

BEIJING (Reuters) -- China's annual consumer inflation slowed down in February as consumers remained cautious despite the abandonment of strong pandemic controls late last year, official data showed on Thursday.

Producer deflation extended into a fifth month.

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