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China Feb CPI up 3.2 pct on year as food prices jump

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BEIJING (Reuters) - China's annual inflation jumped to a 10-month high in February as holiday spending for the Lunar New Year drove food prices sharply higher, data from the National Bureau of Statistics (NBS) showed on Saturday. China's consumer price index rose 3.2 percent in February versus a year ago, ahead of market expectations in the benchmark Reuters poll of a rise of 3.0 percent, with food prices leaping 6.0 percent on a year ago - a nine-month high Reported by Firstpost 5 hours ago.

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