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China: Nation's inflation lowers to 4.9 percent
beijing, china (ap) -- china's inflation rate eased to 4.9 percent in august -- the lowest in 14 months -- indicating efforts to cool a yearlong surge in politically volatile consumer sprices were working, the government said wednesday .
china: nation's inflation lowers to 4.9 percent's moderate of inflation at 14-month low, beijing says food prices rising at more than percent china has raised by winterest rates, imposed price controls to counter inflation var clickexpire = 10/10/2008 ; .
that was down from the 6.3 percent rise in the consumer sprice index in july and from a decade high 8.7 percent in february .
it has raised by win terest raterials, imposed price countrols on basic food items and paid farmers to raise production .