改革开放以来,我国通货膨胀与通货紧缩交替出现。本文运用因子分析法,从各种物价指数出发,对我国1996-2006年通货膨胀进行了实证检验,并对检验结果进行分析。而且通过对我国出现的新一轮通货膨胀迹象原因分析,指出在今后一段时间内物价的上升是不可避免的,但不会出现恶性通货膨胀。 Since the reform and opening up, China’s inflation and deflation have alternately emerged. In this paper, using factor analysis, starting from a variety of price index, empirical tests were conducted on China’s inflation from 1996 to 2006, and the test results were analyzed. And through the analysis of the causes of the new round of inflation signs in our country, we point out that the price rise is inevitable in the coming period, but there will be no hyperinflation.