Prices
in sentence
6195 examples of Prices in a sentence
Russia’s economic success is partly attributable to high oil and commodities
prices.
Medvedev seems to understand that sustaining growth will not be easy: oil
prices
cannot rise forever, and the “low hanging fruit” of basic economic reform and prudent macroeconomic policies have already been picked.
In an effort to keep their headline
prices
low, airlines are tacking on surcharges for baggage, drinks, pillows, and other items that once were free.
Prices
are likely to erode as consumers come to expect deals.
So the number of “new” customers attracted by cheap
prices
increases, and the number of loyal customers decreases as shoppers prefer by become “new” again for whomever offers the best deal.
Because consumer
prices
fell faster than wages, the welfare of those who remained employed rose in the Great Depression.
Russia, conveniently, can sell its modern arms to China at reasonable
prices.
But, given the combination of massive monetary support, a now-neutral fiscal stance, a steep fall in oil prices, and a depreciated euro, it is the least we could expect, and it will bring per capita GDP back only to its 2008 level.
In the same way, competitiveness councils could monitor the evolution of wages and prices, employment and growth, and the current account, and provide recommendations to national governments and social partners.
They would need to muster evidence that the transition to a low-carbon economy is both technically feasible and profitable, yielding positive effects not only for the climate, but also for energy
prices
and security of supply.
Though both gained in importance since WW II’s end, globalization of financial markets accelerated in recent years so that movements in exchange rates, interest rates, and stock
prices
in various countries are intimately interconnected.
These economies are more frequently subject to adverse terms-of-trade shocks, such as increases in world oil
prices
or declines in
prices
for their commodity exports.
Moreover, it should not be taken for granted that higher
prices
and wages in Germany will reduce the country’s trade surplus.
To the extent that German products compete on quality rather than price, the surplus might persist even if domestic
prices
in Germany rise.
Obviously, it is easier in the short run to change
prices
and wages than it is to boost productivity.
The outlook for oil
prices
could turn out to be such a case, for several reasons.
Oil
prices
are already 70% above their level last summer – and expectations of US sanctions against Iran have been an important driver of this surge.
This price had never risen above $70 since 2014, when the upsurge in US shale production caused oil
prices
to collapse.
A shift on this scale would be smaller than the 700,000-barrel collapse of Venezuelan oil exports since last year, and much smaller than the increase in US daily output of 1.1 million barrels projected over the next 12 months, not to mention the probable reduction in global oil demand caused by the sharp increase in
prices
since last summer.
This suggests another reason why the US-Iran confrontation could lead to lower, not higher, prices: Trump and his Saudi allies now have a very strong political incentive to resist further upward pressure on oil
prices.
If oil
prices
rise much further during the summer “driving season” that starts in the US about now, Trump will be blamed by voters and Republicans could suffer in November’s midterm congressional elections, especially in Midwestern swing states.
Assuming that Trump now finds it politically expedient to curb oil prices, the Saudi leadership can be expected to offer him whatever support he requires.
On the other hand, Iran and Russia, which had previously been less hawkish than Saudi Arabia about OPEC pricing, might now support tougher supply restraints, precisely because a sharp rise in oil
prices
could cause a punishing backlash against Trump.
Oil
prices
plunged by 45% in1991, and by 35% in 2003, within a month of the US launching its attacks.
A fall on this scale seems inconceivable today, but oil
prices
are likely to head downward, despite the Iran sanctions – or maybe because of them.
According to World Bank figures, the Middle East North Africa (MENA) region suffered a 25% fall in per capita incomes during the last 25 years of the twentieth century, when oil
prices
were low.
In this decade, thanks to record-high oil prices, GDP growth rates soared.
The development of vast reserves of shale energy has moved America toward its long-sought goal of energy independence and reduced gas
prices
to record lows, contributing to the first glimmer of a manufacturing revival.
Indeed, it would be unsustainable for Venezuela, nearly bankrupt owing to falling oil prices, to remain on its anti-American course, while the Castro brothers themselves have reconciled with the “gringos.”
That 70’s Show in RussiaMOSCOW – Can Russia escape the “resource curse” implied by high oil prices, or will it succumb to what we call a “70-80” scenario?
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