The CPI report is likely to show a cooling of energy-related price pressures that had intensified in the months immediately following the start of the US war with Iran at the end of February. (Bloomberg) -- Prices paid by US consumers probably inched up marginally last month after falling for the first time in six years, a welcome tempering in recent war-driven inflationary pressures. Story continuesAsiaThe week in Asia begins with the release Sunday of July inflation data from China. Argentina also reports July consumer prices data, which may register a second-straight sub-2% month-on-month figure while the annual reading hovers around June's 33.5%. The early call sees regulated consumer prices continuing to run above 2%, while the core reading drifts higher from June's 1.6% print.