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Began in October 2003, the trend of rising food prices in the country. From January to September 2004, the general price level in China has risen by 4.1%, the most significant price increases since 1997. Price fluctuations on the living, business and economic operation of the impact, so the price trend in recent years become the focus of widespread concern. However, the current round of price increases has its own characteristics. The price fluctuations are not for the general price level continued to rise, but there have been significant structural characteristics. Generated much debate around whether it will lead to further inflation, as well as the future development of the economic situation. This article is at this stage of the causes of the price volatility, the degree of evaluation and impact research object, through theoretical and empirical analysis of this round of price fluctuations make the interpretation of some theoretical and practical significance. First, by 1-9 months of 2004, the retail price index and the consumer price index for statistical analysis to analyze the differences of the various types of commodity price fluctuations, which found food, housing, production commodities prices rose , household equipment and services, transport and communication, clothing prices have decreased in varying degrees. Next article from the currency supply and demand conditions, demand factors, cost factors, structural factors, pass the economic cycle fluctuations and international factors and aspects to explore the main causes of the current round of price fluctuations by statistical analysis of sample data obtained the following conclusions. : Money supply relative to economic growth is basically appropriate; cause price fluctuations mainly due to demand factors, cost factors, structural factors; see from the macroeconomic trends since 2003, China is entering a new round of the upward phase of the economic cycle, the rapid economic development, the increase in aggregate demand, the price level will be different degrees of upward trend: In addition, due to the improvement of our country's dependence on foreign trade, the domestic market price also will be passed by international factors. To sum up, the price increases triggered food production, housing prices, China's economy is entering a new growth cycle reflect and international market prices the result of joint action. Second, further to this round of price fluctuations in depth study of the influence of the market economy, resource consumption, currency run, living and business, and the following conclusions: first, the continued volatility in prices would undermine the market supply and demand balance, in severe cases can lead to economic contraction caused by the circulation of commodities and confusion; price fluctuations caused by the overproduction, resulting in a waste of resources, affect the sustainable development of the economy. Second, prices continued to rise will have a negative impact of currency run storage functions of money, means of payment and means of circulation can not be normal play.
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