China Economy

A Chinese couple check the prices of cooking oils at a supermarket in Beijing China. Pic: AP.

BEIJING (AP) — China’s inflation rate eased in February to 2 percent year-on-year amid signs the world’s second-largest economy might be cooling.

The consumer price rise reported Sunday by the National Bureau of Statistics was down from January’s 2.5 percent.

Lower inflation could ease pressure on Chinese leaders as they try to focus on promised reforms aimed at making the economy more productive and keeping growth strong.