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Market analysis indicates that the decline in energy prices in July led to a cooling of inflation, with gasoline decreasing by 2.9% month on month and fuel oil decreasing by 1.7%. The average gasoline price in the United States is now $4.03 per gallon, up from $3.87 a month ago. The recent rise in crude oil prices and strong refining profit margins have pushed up fuel costs, and energy may exert new upward pressure on inflation in August.