15 Apr 2011

China's economy continues boom as inflation rises

10:03 pm on 15 April 2011

China's economy continued its boom in March and inflation accelerated to the fastest rate since 2008.

Growth was at a faster-than-expected 9.7% between January and March from the same period a year earlier, the National Bureau of Statistics said.

Consumer prices rose by 5.4% in March compared with a year earlier. In February, the annual figure was 4.9%.

The government has been taking steps to try to cool property and food prices, the BBC reports.

Chinese inflation has been accelerating despite four interest rate rises since October.