Higher commodity prices have caused a blip in inflation .

大宗商品价格上涨引发通胀率暂时上升。

This blip has been compounded by several other pessimistic indicators .

这种暂时现象中还夹杂着其它一些悲观指标。

Others think it 's probably a short-term blip caused by recent droughts .

其他人则认为这也许只是由中国最近的干旱问题引发的昙花一现的现象。

Or is the current climate merely a blip in an otherwise relatively smooth upward trajectory ?

抑或是目前的趋势只不过是另一个相对平稳向上轨迹中的短暂波动？

Will this prove to be a mere blip or something more fundamental ?

此次危机将被证明仅仅是个小插曲，还是某种更为根本性的东西？