CHINA: The NBS released the following data for February:

Feb CPI 2.7% y/y vs +1.5% y/y Jan
Feb industrial output +12.8% y/y
Jan-Feb industrial output +20.7% y/y vs +3.8% y/y Jan-Feb 09
Jan-Feb urban fixed-asset investment +26.6% y/y vs +26.5% Jan-Feb 09
Feb PPI +5.4% y/y vs +4.3% y/y Jan
Jan-Feb CPI 2.1% y/y vs -0.3% y/y Jan-Feb 2009
Feb overall food prices +6.2% y/y vs +3.7% y/y Jan
Feb non-food price CPI +1.0% y/y vs +0.5% y/y Jan
Feb CPI +1.2% m/m vs +0.6% m/m Jan
Feb PPI +0.4% m/m
Jan-Feb PPI +4.9% y/y vs -3.9% y/y Jan-Feb 2009
Jan-Feb retail sales +17.9% y/y vs +15.2% Jan-Feb 2009
Feb retail sales +22.1% y/y