Oil prices would be cheaper, whereas clothes, DVD players and computers would be dearer.
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In Europe, where fuel is taxed more heavily, the immediate effect of dearer oil is smaller.
At its worst, the danger is circular, with dearer oil and political uncertainty feeding each other.
Public transport is dearer and more crowded than it was, and household incomes more pinched.
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Dearer food in India is mainly a reflection of rising commodity prices around the world.
The cable companies blame the need to invest in their cable systems, and dearer programming.
Eventually, he believes, it will be no dearer than that produced by a conventional plant.
And when the city starts selling building permits again, they will be fewer and dearer.
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But it will be harder in South Ossetia and especially in Abkhazia, which is even dearer to Russian hearts.
Unfortunately, it cannot survive in a world where capital is dearer and the future is more uncertain.
All three have long been dearer in America than anywhere else in the world doctors' fees ruinously so.
Sony has faced tough competition, plus a high yen that makes exports dearer.
Now that a stronger yen and dearer oil are eating into profit margins, the situation may not improve soon.
Nothing could be dearer to my heart or more important to Puerto Rico.
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Rich households also buy dearer versions of the same goods than poor consumers.
At the start of 1999, euro burgers were much dearer than American ones.
Despite dearer oil, the prospects for global growth are still better than they were at the beginning of the year.
There are in any case several reasons why America may be more resilient to dearer oil than in recent years.
These dearer crops bring in at least twice the revenue and up to seven times as much in good years.
SPARC, made for Sun by Texas Instruments, is always going to be far dearer than any high-volume chip from Intel.
Higher interest rates across the region have already made it dearer for companies to raise money for equipment and factories.
As well as dearer funding and lower leverage, the investment banks face the prospect of weakened demand for their services.
But Italians should pause before celebrating: a packet of Nurofen to soothe a hangover is 70% dearer than in Amsterdam.
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The strength of these currencies should be showing up in prices of European-made goods in America: dearer cars, wine and cheese.
Cheap currencies boost exports, but discourage domestic spending by making imports dearer.
Even as fuel got dearer--Nepal imports all its requirements from India--the outgoing Nepali Congress-led government dithered to the last in raising prices.
The second fiction is that squeezing the rich can absolve the rank and file from privation (other than dearer fuel, tobacco and drink).
It is dearer than it has been for decades, yet jewellers and industrialists would need years to use up all the world's stocks.
Although imports have become dearer, those relatively affluent consumers who favour French cosmetics and German cars are unlikely to find Russian goods acceptable substitutes.
As well as taxing consumers, or worse, dearer commodities push up overall inflation, as the latest numbers from the euro area and Britain show.
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