If one accounts for consumer goods expenditure on imports, that 10% appreciation would lower inflation, as measured by the consumer price index (CPI), by just 0.5 percentage points in the first two quarters. And that is likely to be an upper bound, because it assumes that US retailers will pass through to consumers the full amount of any increase in import prices.
如果你考虑进口消费品支出，那么10%的升值在前两个季度内将仅仅让通胀——用消费物价指数（CPI）衡量——下降0.5个百分点。而这可能是其影响的上限，因为其中假设美国零售商将把所有进口价格上涨的因素转嫁给消费者。