The results show that the increasing rate of both general money and narrow money and their difference have remarkable effect on the fluctuation of price index.

结果表明：广义货币和狭义货币的增长率以及两者之差对物价指数的波动均有较显著的影响。

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The index effect is defined as the abnormal market reflection of price and volume of the stocks being added into and deleted from an index as the index adjusts its sample stocks timely.

指数效应是指在成份指数调整前后，调入指数和调出指数的股票的价格和成交量均会有的异常的市场反应。

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The empirical results indicate that money supply has a significant effect on stock price fluctuations, but consumer price index (CPI) only has a limited effect.

实证结果显示货币供应量对股市波动影响显著，居民消费价格指数对股市脉冲作用有限。

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The electricity tariff cut lowered the index by 0.45%, so if one takes away the one-off effect of this cut, and maintaining all other items the same, the price index would have reached 1.13% higher month over month, or a whopping 14.44% annualized.

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