但是由于多国央行对基底通货膨胀率的有力控制，其下降态势也会降低通胀预期。

But with underlying inflation below central Banks' targets in many countries, and dropping, expectations could move down instead.

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十一月的通货膨胀率达到惊人的5.1%，食品价格的增长高居榜位，但分析人士已经注意到受日益增长的通胀预期影响，产权及服装的价格增长。

November inflation was a surprising 5.1 percent, led by rising food prices, but analysts have noted that prices are rising for property and clothing - stoking fears of a wider inflation conflagration.

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在上行风险是，上述目标通货膨胀率持续持续升高，因为通胀预期。

The upside risk was that above-target inflation persisted for a sustained period because of elevated inflation expectations.

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