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China has ample room to introduce pro-consumption policies in the second half of the year, as consumer prices maintained a moderate overall increase in July, experts said.

专家表示，由于7月居民消费价格总体保持温和上涨，中国在下半年推出促消费政策仍有充足空间。

The country's consumer price index, a main gauge of inflation, rose 0.5 percent year-on-year last month, according to data released by the National Bureau of Statistics. The core CPI, which excludes food and energy prices, increased 0.9 percent year-on-year.
国家统计局发布的数据显示，作为衡量通胀主要指标的居民消费价格指数（CPI）上月同比上涨0.5%。扣除食品和能源价格的核心CPI同比上涨0.9%。

There is considerable room for pro-consumption policies in the second half of the year, and price factors in particular will not be a major constraint on the central bank's potential interest rate cuts, said Wang Qing, chief macroeconomic analyst at Orient Golden Credit Rating International.
东方金诚国际信用评估有限公司首席宏观分析师王青表示，下半年促消费政策仍有较大空间，尤其是物价因素不会对央行可能的降息形成明显制约。

Wen Bin, chief economist at China Minsheng Bank, said he expects pro-consumption policies to be stepped up in the second half of the year, with summer vacations and the National Day holiday boosting prices in tourism, accommodation and catering services.
中国民生银行首席经济学家温彬预计，下半年促消费政策将加大力度，暑假和国庆假期将带动旅游、住宿和餐饮服务价格上涨。

Data show that industrial consumer goods excluding energy rose 1.5 percent year-on-year in July, slowing by 0.2 percentage points from a month earlier, contributing about 0.37 percentage points to the CPI growth.
数据显示，7月扣除能源的工业消费品价格同比上涨1.5%，涨幅较上月回落0.2个百分点，对CPI涨幅贡献约0.37个百分点。

Service prices increased 0.7 percent year-on-year, down by 0.1 percentage points from June, contributing about 0.36 percentage points to the CPI growth. Food prices fell 1.5 percent year-on-year, narrowing the decline by 0.1 percentage points from the previous month, dragging the CPI down by about 0.25 percentage points.
服务价格同比上涨0.7%，涨幅较6月回落0.1个百分点，对CPI涨幅贡献约0.36个百分点。食品价格同比下降1.5%，降幅较上月收窄0.1个百分点，拖累CPI下降约0.25个百分点。

On a month-on-month basis, the CPI edged down 0.1 percent in July, with the decline narrowing by 0.2 percentage points from the previous month.
环比来看，7月CPI小幅下降0.1%，降幅较上月收窄0.2个百分点。

NBS attributed the monthly decline to international market price fluctuations, which drove down domestic gasoline prices by 10.7 percent month-on-month, with the decline widening by 5.8 percentage points from June, pulling the CPI down by about 0.