The National Development and Reform Commission has given four explanations to the people, and I think there is still some truth. First, currency overshoot is a common problem all over the world. Especially after the recent implementation of quantitative easing monetary policy in the United States, the prices of most commodities in the international market have risen sharply these days, with oil reaching $87 and cotton and sugar rising sharply. Secondly, there are some temporary factors. For example, the increase in vegetable prices this year is caused by this year's disastrous weather. Third, in the process of industrialization and urbanization in China, labor, capital and land resources flow to cities rapidly, while the production resources in rural areas are relatively reduced. Labor costs in rural areas have also increased this year. For example, the reward for picking cotton in Xinjiang is now calculated by kilogram, and you will be given 3 yuan for picking one kilogram of lint. Fourth, the factors of hot money speculation. In the first half of this year, the prices of mung beans, garlic and cotton rose. All rose, cotton rose to 33 thousand per ton, which is the speculation of funds inside. Zhengzhou Stock Exchange1October 8 165438, the daily turnover of cotton futures was over 30 billion, which was far beyond the normal range and the turnover rate was very high. In the first half of the year, mung beans and garlic also appeared hoarding and malicious speculation enterprises. All in all, these four reasons have led to excessive price increases this year. People can't predict whether it is cooked or not. The key is not knowing what measures the country will take to curb soaring prices. It is almost impossible to reduce the price before the Spring Festival. China's inflation index is set at 0.4 next year, which I think is dead. If there are no practical measures, banks will continue to tighten monetary policy, and the people will suffer even more. After the Spring Festival, it would be nice if we could take appropriate measures to control or slightly lower the price in May and June next year.