This is because the increase in inflation has been mostly driven by food, as a result of supply shocks, rather than caused by excess aggregate demand.
因为，主要由食品价格驱动的通胀的上升是由于供应上的意外，而非更多的需求引起的。
Aggregate supply and demand shocks in different stages of business cycle have different mechanisms.
经济周期不同阶段中总供给和总需求冲击具有不同的作用机制。
Aggregate channels explained the asymmetry from the view of aggregate demand and aggregate supply, including the real balance effect, supply-side shocks and income transfers.
“总量效应”主要从总需求和总供给的角度来解释油价波动对经济的影响，主要包括“实际余额效应”、“供给冲击假说”和“收入转移假说”。
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