Whereas recent increases in many food prices reflect temporary supply disruptions (such as droughts and flooding), the rise in the oil price is due to strong demand and stagnating production.

最近多种食品价格的上涨反映的是暂时的供应扭曲(例如干旱和洪水引起的)，但油价上涨则是因为强劲的需求和相对不变的产量。

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The recent strong pace of growth in America and the rise in its core inflation rate therefore make a strong case for a rise in interest rates now.

ECONOMIST: How should central banks respond to a rise in oil prices?

However, he cautioned that when interest rates ultimately start to rise again as the wider economy recovers, the strong house price increases of recent months "would become difficult to sustain".

BBC: House prices 'continue to rise'