Cold winter pushes up mainland inflation

Inflation on the mainland rose last month for the second consecutive month amid the coldest winter in nearly three decades, although economists believe prices will remain under control in the near term.

Following the release of the inflation data yesterday, the People's Bank of China pledged to continue with its prudent monetary policy, prevent financial risks and keep consumer prices "basically stable".

via Business feed http://www.scmp.com/business/china-business/article/1125916/cold-winter-pushes-mainland-inflation