The GDP grew by 11.9 percent in China

China's gross domestic product (GDP) grew by 11.9 percent in this year's first quarter over the same period last year – announced the Chinese Statistical Office on Thursday.

This year's first quarter economic growth rate is the highest since the second quarter of 2007, when the Chinese economy was expanded by 13 percent. Analysts had predicted a GDP growth of 11.5 percent.
The March consumer prices rose by 2.4 percent compared to the March of last year, which is smaller than the 2.6 percent price increases that was expected by the analysts. The annual inflation was higher in February, it was 2.7 percent – reports Világgazdaság Online after MTI Eco.