Jun. 11, 2009 (China Knowledge) - China's consumer price index (CPI), the major gauge of inflation, decreased 1.4% year on year in May, according to statistics released by the National Bureau of Statistics (NBS).The CPI fell 1.5% from a year earlier in urban regions, while the CPI in rural areas dipped 1%, according to the statistics. NBS said that food prices edged down 0.6% in May, while p
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