China's Consumer Inflation Ticks up More than Expected in Ju…

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TMTPost -- China’s consumer inflation ticked up more than expected last month though it still has to take some time to shrug off deflation fears.Credit：Xinhua News AgencyThe Consumer price index, or CPI, rose 0.5% year-over-year (YoY) in July, accelerating from an increase of 0.2% a month ago, according to the National Bureau of Statistics of China (NBS). Analysts had projected a 0.3% YoY pickup in the main gau