Inflation likely to cool off

China's consumer inflation has maintained its downhill journey in July, easing to 6.3 percent year-on-year from 7.1 percent in June.

While this shows the inflation-fighting measures are working well, the country needs to seek fundamental solutions to this problem, said analysts.

A higher base should be an important factor for the lower inflation figure last month, analysts said, as prices began to rise rapidly in the second half of last year.