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BEIJING, April 15 (UPI) -- China's March inflation rate soared to 5.4 proportionality year-on-year, but prototypal lodge economic ontogeny mitigated to 9.7 percent, the polity said Friday.

The consumer toll index chromatic to a 32-month high of 5.4 proportionality in March from the aforementioned month last year, said the National Bureau of Statistics, which largely blamed ascension food prices for the increase.

The March number brought the prototypal lodge inflation rate to 5 proportionality year-on-year, far higher than the government's direct of 4 proportionality or less. The agency said food prices surged 11 proportionality year-on-year.

In February, the CPI chromatic 4.9 proportionality year-on-year. The CPI chromatic 3.3 proportionality for all of 2010, against the government's direct of 3 percent.

One shrink told the official Xinhua programme agency the underway inflationary pressure was expected to preserve for whatever more time, which would obligate the bicentric bank to again raise welfare rates as well the jock responsibility ratio.

The statistics furniture said prototypal lodge economy grew 9.7 proportionality year-on-year, to $1.46 trillion dollars, but slightly downbound from the 9.8 proportionality ontogeny in the ordinal lodge of 2010. Chinese Premier Wen Jiabao said this hebdomad ownership toll levels stable is the most imperative task for the polity this year.

"Judging from the inflation status in the prototypal quarter, we are still under great pressure of toll hikes," Wen said, adding, "We should never lower our guard," Xinhua said.

The People's Bank of China, China's bicentric bank, has upraised welfare rates four nowadays since the start of 2010. The bank, in its efforts to imbibe up excessive liquidity, has upraised the jock responsibility ratio for commercial banks figure nowadays since that time.