China consumer inflation jumps in February

China's consumer inflation jumped to 2.3 percent in February, its highest in nearly two years, official data showed Thursday, in a positive sign for demand in the world's second-largest economy. The rise in the consumer price index (CPI) released by the National Bureau of Statistics was the largest since July 2014, and came in ahead of market forecasts of 1.8 percent in a survey by Bloomberg News. The producer price index (PPI), which measures prices of goods at the factory gate, fell 4.9 percen