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Rise in fuel prices announced as growth measures loom on horizon

Policy fine-tuning should be cautiously rolled out to prevent a rebound in prices, experts said, after inflation hit a 30-month low in July and stoked speculation of aggressive easing.

Meanwhile, the National Development and Reform Commission announced on Thursday that the retail price of gasoline would rise by 390 yuan ($62), and diesel by 370 yuan, a metric ton from Friday.