China's producer price index, a key inflation indicator, rose 6.6 percent in February over the same month last year due to surging crude oil prices, the National Bureau of Statistics said on Monday.
The index, which measures the cost of goods when they leave the factory, compares with January's 6.1 percent, the biggest rise in three years.
Crude oil prices soared 37.5 percent in February year on year, compared with a 29.9-percent rise in January and 22.6 percent in November.
The overall costs of raw materials, fuel and power surged 9.7 percent from a year earlier. Source:Xinhua
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