I'm assuming a magical world where the price of goods depends only on salary (if you actually look at a series where every aspect of the production chain gets h

I'm assuming a magical world where the price of goods depends only on salary (if you actually look at a series where every aspect of the production chain gets hit by the same salary increase, then the price goes up the same amount anyways, irregardless of material costs). Why do you think it would go up more?