In Italy and Spain, wage growth is picking up even as unemployment rises, because of contract clauses allowing workers to be compensated for higher-than-expected inflation.

在意大利和西班牙，由于合同条款中规定，在通胀高于预期水平的时候，工人应得到补偿，故此尽管失业率不断上升，工资水平却是一路飞涨。

The risk is that inflation could prove trickier than expected to control, especially if expectations of higher prices become entrenched in society.

风险在于，控制通胀的难度可能会超出预期，特别是在价格上涨预期在社会上变得根深蒂固的情况下。

Explaining their rate rises, central Banks in both countries cited lower unemployment and higher inflation than expected.

两国央行都以比预计更低的失业率和更高的通货膨胀来解释这次的利率上调。

China's current benchmark one-year lending rate is 6.31%, about one percentage point higher than expected inflation, which is considered a relatively modest constraint to lending.

中国当前作为基准的一年期贷款利率是6.31%，比预期通胀率约高一个百分点，这被认为是对银行贷款活动一种相对温和的约束。

The average inflation rate in the euro area rose to 2.5% in May, which was higher than expected, and the European Commission's latest survey showed that inflation expectations are edging up.

5月份欧元区平均通胀率升至超过预期的2.5％，同时欧盟的最新统计调查表明，通胀预期也在上升。

Consumer price inflation rose to 4.4 percent in October and a further increase is expected. This is higher than we are used to in China, although it is modest in an emerging market perspective.

10月份消费物价指数上涨了4.4%，预计还会进一步上升，尽管从新兴市场的角度看幅度不大，但已超出了中国居民的心理承受水平。

The Italian wage-bargaining process allows workers to claim for extra pay if inflation turns out to be higher than expected, says Gareth Claase, an economist at the Royal Bank of Scotland.

苏格兰皇家银行的一位经济学家[font=Verdana]Gareth Claase[font=宋体]说道，当通货膨胀超出人们预期时，意大利的工资协议的制定程序承认人们有要求更多的报酬的权利。

After their Interest Rate Decision, the ECB had a press conference in which Trichet underplayed the higher than expected food and energy inflation in the EU.

其利率决定后，欧洲央行的记者招待会上，特里谢淡化高于预计在欧盟的食品和能源通胀。

Explaining their rate rises, central Banks in both countries cited lower unemployment and higher inflation than expected. Even so their rates remain, in real terms, low or negative.

两国央行都以比预计更低的失业率和更高的通货膨胀来解释这次的利率上调。

No sooner had it been started than problems appeared. Late last year we found that we had issued 10 billion yuan more than we should have, and this year inflation has been higher than we expected.

刚开始就出现了一些问题，去年年底发现多发了一百亿的钞票，今年物价涨得不符合我们的要求。