But higher wages drive up the costs of production, leading to higher prices.

但是，提供工资会驱动生产成本的上涨，导致更高的物价。

youdao

Emphasising biofuels means less land for food production, leading to higher prices and hungry bellies.

强调生物燃料意味着减少耕地，这将会导致更高的食品价格和更多饥饿的人口。

youdao

The risk is that another bout of higher inflation, not long after one earlier this year, might get baked into expectations, leading to an upward spiral of prices and wages.

在今年不久前才发生的通货膨胀之后新一轮更高的通货膨胀会带来的可能风险是，不断交替上升的物价和工资。

youdao

According to the 2012 American Express Business Travel Forecast, the demand in these countries is also leading to higher prices and fuelling new competition among travel suppliers.

BBC: The new epicentre of business travel

Component shortages caused by the 2011 Thailand floods kept shipments of HDDs to be less than the market wanted through the first half of 2012, leading to higher HDD prices and also much greater gross margins to the HDD companies (Western Digital, Seagate Technology and Toshiba).

FORBES: Have Hard Disk Drives Peaked?

Then there is the argument, put forward by David Llewellyn, professor of banking at Loughborough University, that allowing the mutuals to die out will mean a less diverse range of institutions offering savings and mortgages, leading to weaker competition and so to higher prices.

ECONOMIST: Building societies