The relative importance of these costs hardly, seems likely to decline during an age of inflation.
这些成本的比重在通胀时期不太可能降低.
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Annual cabbage-price inflation is now 400 % in Seoul, official statistics.
今年年度在首尔出售的卷心菜价格的通胀根据官方数据就高达400%.
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Gold, the most obvious hedge against inflation, is up barely 5 per cent.
而作为最明显的通胀对冲工具,黄金价格仅上涨5%.
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苏格兰皇家银行(royal bank of scotland)估计,如果不计通胀因素,中国零售销售额同比增长18%的增幅其实只有10%而已。
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But many officials are more fearful of high inflation, which could spark public protests.
但许多官员更担心可能引发公众抗议的高通胀。
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However , headline inflation, including food and energy, is likely to be volatile.
然而, 包括食品和能源价格的整体通胀率可能会经历震荡.
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The prime reason, analysts say, is historically low inflation levels.
分析家称, 主要的原因是创下历史纪录的低通胀率.
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It will also heighten fears over inflation, which remains stubbornly high.
这还会加剧民众对居高不下的通胀率的担忧.
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Yet there is something pernicious about inflation falling too far, too fast.
然而通胀率下跌过快,过度就会适得其反.
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通胀水平一直接近或低于美联储(Federal Reserve)认为对经济健康的2%。
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尽管许多分析师预计通胀将在今年剩余时间内有所放缓,但外汇储备的累积为快速货币增长的延续奠定了基础,这将限制价格压力放缓的空间。
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