Prices
in sentence
6195 examples of Prices in a sentence
In turn,
prices
for most commodities have risen.
The impact is most pronounced in African cities, where
prices
for white rice, frozen chicken, bread, butter, eggs, and even carbonated soft drinks are at least 24% higher than in other cities around the world.
These
prices
hit consumers both directly and indirectly (owing to pass-through of higher input costs by food conglomerates and service providers).
Reducing the
prices
of staple food by even a modest 10% (far below the average premium cartels around the world charge) by tackling anticompetitive behavior in these sectors, or by reforming regulations that shield them from competition, could lift 270,000 people in Kenya, 200,000 in South Africa, and 20,000 in Zambia out of poverty.
While high commodity
prices
played a part, privatized and new enterprises were the fastest-growing part of Russia’s post-communist economy, and the government played an important role by ensuring macroeconomic stability, maintaining a balanced budget, and using oil revenues to create significant foreign-currency reserves.
That is a stunning figure, given high oil prices, abundant investment opportunities, and the nearly moribund US and European economies – the main recipients of Russia’s fleeing capital.
The Right Time to Reform Fuel PricingCAMBRIDGE – World oil prices, which have been highly volatile during the last decade, have fallen more than 50% over the past year.
If we care about environmental and other externalities, should we want oil
prices
to go up, because that will discourage oil consumption, or down because that will discourage oil production?
Many emerging-market countries have taken advantage of falling oil
prices
to implement such reforms.
As leaders in emerging-market countries have recognized, falling oil
prices
represent the best opportunity to implement reform.
In 2013, decades of (gently) falling
prices
prompted the Bank of Japan to embark on an unprecedented monetary offensive.
First, they are focused on consumer prices, which is the wrong target.
Consumer
prices
are falling for a simple reason: energy and other raw material
prices
have declined by more than half in the last two years.
The decline is therefore temporary, and central banks should look past it, much as they looked past the increase in consumer
prices
when oil
prices
were surging.
But they remain committed to pursuing their inflation targets, convinced that even a slight bout of deflation could initiate a downward spiral, with falling demand causing
prices
to decline further.
If real interest rates were significantly positive, demand could plummet, pushing down
prices
to the point that it becomes impossible for borrowers to service their debts.
Such a spiral contributed to the Great Depression in the US in the 1930s, with
prices
falling, in some years, by some 20-30%.
Subsidies are common, but
prices
are not fixed.
Moreover, a protracted period of low interest rates has pushed up asset prices, causing them to diverge from underlying economic performance.
But while interest rates are likely to remain low, their impact on asset
prices
probably will not persist.
As a result, returns on assets are likely to decline compared to the recent past; with
prices
already widely believed to be in bubble territory, a downward correction seems likely.
Even the one factor that has effectively increased disposable incomes and augmented demand – sharply declining commodity prices, particularly for fossil fuels – is ultimately problematic.
Indeed, for commodity-exporting countries, the fall in
prices
is generating fiscal and economic headwinds of varying intensity.
Currently, the Maghreb countries suffer from soaring unemployment, poverty, and high
prices
for basic commodities.
But history suggests a simpler explanation: A decade of steadily rising oil
prices
had emboldened Russia, leaving it ready to seize any opportunity to deploy its military power.
Oil
prices
quadrupled following the first oil embargo in 1973, and the discovery of large reserves in the 1970s underpinned a massive increase in Soviet output.
But the decline in oil
prices
during the 1980s, which cut the value of Soviet output to one-third of its peak level, undoubtedly played a role.
Nor did it have the wherewithal, as its own production and oil
prices
continued to decline, hitting a trough of $10 per barrel in 1999-2000.
Russia’s stance changed gradually during the early 2000s, as world oil
prices
– and Russian output – recovered, reinvigorating the country’s economic base at a time when its leadership was becoming increasingly autocratic.
With oil
prices
steadily rising, the value of Russian oil production reached a new peak, roughly ten times the 1999 level, in 2008;Russia invaded Georgia the same year.
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