China Feb CPI up 4.9%

China's consumer price index (CPI), a main gauge of inflation, rose 4.9 percent year-on-year in February 2011, the National Bureau of Statistics announced Friday.

The increase was the same as January.

China's January inflation remained stubbornly high at 4.9 percent despite a series of measures taken to cap price rises. The growth accelerated from 4.6 percent in December but was lower than the 28-month high of 5.1 percent in November.