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Those factors can create a temporary spike in layoffs.
But he said it would be a temporary spike.
Vince Cable, the Liberal Democrat Treasury spokesman, said the figures were almost certainly a "temporary spike".
The discounts created a temporary spike in demand followed by a slump after they expired.
Then we had some broken pipelines and, which interrupted supplies, which caused a temporary spike.
"We tried to convince some board members that the soaring oil prices that some say is a temporary spike is not a temporary spike," said Joseph Strasburg, president of the Rent Stabilization Association, which represents apartment-building owners.
Similar(22)
A key to success, says Kennedy, is capitalising on temporary spikes of consumer interest, no matter how brief.
Interest rates have experienced temporary spikes a number of times in recent decades before heading back down.
But Mr. McKee said that basing permanent rent increases on temporary spikes in fuel oil prices was illogical and unfair and had proven costly to tenants.
A nasty shock arrived in 2000 and 2001, when peak-time energy prices on the open market rose about tenfold — not counting steeper, temporary spikes.
Yet economists, schooled more in mathematics than in history, often have too narrow a field of reference to know much about deflation, and instead interpret temporary spikes in consumer prices as a return to the inflationary norm of the west's recent past.
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