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China’s Consumer Price Index (CPI) is expected to increase slightly this year and remain within the official target, Meng Wei, a spokesperson for the National Development and Reform Commission (NDRC) said on Monday.

Additional quotes

“Price trends in China will be influenced by external factors as global commodity prices rise.”

“But the impact would be limited and controllable.”

Note that China has set a target for CPI at around 3% this year.

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