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flag China's consumer prices fell 0.7% in February, the first drop in 13 months, raising deflation fears.

flag Consumer prices in China fell 0.7% in February compared to the previous year, marking the first decline in 13 months. flag The drop was partly due to weak demand and the early timing of the Lunar New Year holiday, which typically boosts spending. flag The producer price index also fell 2.2%. flag The Chinese government is concerned about the potential for a deflationary spiral and the need to boost domestic demand.

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