The second reason is that Spain's resurgence has been narrowly based on an inflationary boom in property, construction and banking.

其二，西班牙经济的苏醒局限基于房地产业、建筑业和银行业突然兴起的通货膨胀。

youdao

So it looks as though the money will come too late to temper the recession of 2008-09, and may instead fuel another inflationary boom in a couple of years' time.

看起来，慢慢注入的资金像是很难缓解08——09年的经济衰退，或许在几年内会引发另一场通货膨胀。

youdao

The central bank has warned lately that inflationary pressures from the resources boom could trigger rises in interest rates.

但不久前中央银行警告，资源兴起所致的通胀压力将提高利率。

youdao

Indeed, unless an inflationary boom is fed with more and more inflationary credit a deflationary bust we will quickly get.

FORBES: Monetary Watch June 2011, Inflation prospects post QE II

The periphery needs higher interest rates soon to avoid an inflationary boom.

ECONOMIST: Europe grows apart

Interest rates were raised progressively until last summer, when people feared an inflationary boom, and have been cut sharply since then, to head off a recession.

ECONOMIST: Inflation