The fall in sterling will also blunt deflationary pressures that might otherwise exacerbate the credit crisis, since when prices start falling the burden of debt rises in real terms.

英镑的贬值也将减弱通货紧缩的压力，不然此压力有可能加剧信用危机，因为当价格开始下降时，按实值计算的债务负担则会增加。

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Cheap sterling and low interest rates brought buyers piling into the market, bidding up prices.

廉价的英币和低利率使得大量买家涌入市场，进而抬高了房价。

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Inflation should consequently soon drop back sharply, as the contribution from retail energy and food prices declines, notwithstanding the fall in sterling.

因此，通货膨胀率应尽快大幅回落，作为零售业的贡献能源和食品价格下降，尽管下降的英镑。

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Researchers said the two main factors driving food price inflation were high agricultural food prices and a low sterling exchange rate.

BBC: Households in England hit by inflation 'squeeze'

Although Seddon Atkinson has been able to cut its costs and prices a bit in sterling terms, because around 25% of its materials are imported from the euro area, its European rivals have enjoyed an even greater advantage.

ECONOMIST: The economy

The inflationary impact of sterling's slide will be countered by the collapse in commodity prices and the contraction in economic activity.

ECONOMIST: The pound��s plunge is hurting, but pain is part of the remedy