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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 influenced by 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 China's government is concerned about the risk of deflation, which could hurt the economy, and is considering ways to boost domestic demand and spending.

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