China’s consumer price index (CPI) jumped 7.1% year-on-year in January, the largest monthly gain in more than a decade, the Shanghai Securities News reported, citing National Statistics Bureau figures. The previous record was set in December 1996 when prices surged 7%. Food prices, which constitute one-third of the CPI basket, grew 18.2% year-on-year last month, while the other two-thirds of ...