China's inflation eased more than expected on falling food prices in February, while producer price inflation accelerated at the fastest pace since 2008.

Inflation eased to 0.8 percent in February from a 32-month high of 2.5 percent in January, said the National Bureau of Statistics, cited by rttnews. Economists had forecast the rate to fall to 1.7 percent.

The government targets around 3 percent inflation for the whole year of 2017.