rising prices


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Mohammed Abu Samra, the coordinator of the Damietta branch of the 6 April Youth Movement said: "The workers are all angry about the rising prices of raw materials.
Officials should take measures to improve the country's economic situation, Sobhani said, adding, "The next president will be facing a large number of problems, including unemployment, rising prices and moral corruption in society, and we hope that he will be successful in running the country.
The council also discussed recommendations made by the Ministry of Economy to check rising prices of essential commodities, and studied alternatives to bring down the cost of living of people with limited or middle income.
Nankang, which focuses on production of sedan tires, luckily is little impacted by rising prices of raw materials for in the fourth quarter of last year the company procured large quantities of synthetic rubber to use in production in the first half of this year.
He emphasized that the brunt of rising prices is primarily being borne by the poor.
Due to rising prices the landlord who has run the pub for the last nine years has called it a day.
Some reports have spoken of rising prices on other basic goods as merchants or middlemen decide to cash in on the general trend, even though no market-related factors should be driving up the costs.
The fall was caused by take-home pay failing to keep pace with rising prices, with steep increases in the cost of clothes, shoes and food.
Its latest Arts & Antiques Market Survey found that the number of chartered surveyors reporting rising prices across the board fell to seven per cent in the second quarter of this year from 19 per cent in the first three months.
Of the 61 per cent of respondents who are concerned about inflation, 71 per cent expected rising prices to have a negative impact on their businesses.
The economy ''continues to face numerous difficulties, including ongoing strains in financial markets, declining house prices, a softening labor market, and rising prices of oil, food, and some other commodities,'' Bernanke said in a semiannual forecast to Congress.