to higher inflationleadsto higher inflation

to high domestic inflationleadingto high domestic inflation

inflation as imports become more expensiveto causeinflation as imports become more expensive

inflation ... in the non - traded sectorcausesinflation ... in the non - traded sector

to out - of - control inflation and changes to immigration policy could generate labor shortageswill leadto out - of - control inflation and changes to immigration policy could generate labor shortages

a weakening of the Brazilian currencyhas causeda weakening of the Brazilian currency

to pressure on prices of goodshad ledto pressure on prices of goods

to the greatest improvement in a country'strade position if demand elasticities are highleadsto the greatest improvement in a country'strade position if demand elasticities are high

to cheaper exportswill leadto cheaper exports

its current account balancecan influenceits current account balance

a dent in the returns of investmentcould causea dent in the returns of investment

to a large jump in prices ( about 35 percent in 2012contributedto a large jump in prices ( about 35 percent in 2012

oftenleadsoften

an already fragile economic situation(passive) caused byan already fragile economic situation

sales or ex post hedging ... pushing up EME bond spreads due to the exit of foreign investorsmay triggersales or ex post hedging ... pushing up EME bond spreads due to the exit of foreign investors

to expectations of a less- aggressive interest rate cut when the central bank meets later this monthcould leadto expectations of a less- aggressive interest rate cut when the central bank meets later this month

further inflationary pressure on domestic economymay createfurther inflationary pressure on domestic economy

to competitive disadvantage ... and sabotages all of the benefits of tradeleadsto competitive disadvantage ... and sabotages all of the benefits of trade

to intensifying cost pressuresledto intensifying cost pressures

the gap(passive) created bythe gap

the outflow of significant quantities of grain via the black marketwould causethe outflow of significant quantities of grain via the black market

opportunities for Japanese exportershas createdopportunities for Japanese exporters

from an increased supply of currency relative to the quantity of redeemable metal backing the currencyresultingfrom an increased supply of currency relative to the quantity of redeemable metal backing the currency

to protectionismcould leadto protectionism