Determination of the minimum wage is not connected to the value of the consumer's shopping basket, which, to our knowledge, is much higher than the minimum wage.

Levels of prices and mark ups,

The overall rate of growth of prices of goods and services (in order to adjust the level of the minimum wage and prevent it decreasing in real value).

Industrial energy was 71 per cent cheaper than the regional average, costing only 11 United States dollars per megawatt.

3320 Variable components

Cotton prices had been falling since August 1997, and in February 1998 stood some 8 per cent below mid 1997 levels.

Per capital global food production was currently lower than in the 1980s, food aid had fallen to its lowest level since the 1970s, and prices on the international food markets had risen considerably.

The lowest labour price is determined at Republika Srpska level, i.e., at the level of branches and activities, and is multiplied by a coefficient of complexity for the work for every payment group.

Keeping prices of unleaded fuel low encourages lower consumption of leaded fuel.

The measures initially adopted can be administrative fixing of prices and voluntary restriction of the minimum price level of exports or investigation of prices to subsequently arrive at one of the following adjustment mechanisms suspension of import licences, application of variable charges, antidumping measures or countervailing duties.

We de linked that, and once we did it, we began to budget at a price slightly lower than the oil price and save whatever was above that price.

External change in market price levels

The relatively low level of real house prices may also have had a curbing effect on consumption.

The rapid increases in prices generally, made worse by increasing fuel prices in mid June 2001, not only made the poor even poorer but also lowered the real wages of those who remained employed.

In such cases, the minimum effective reselling price may be that at which the goods are resupplied

(a) Energy prices shall be allowed to reach a reasonable level

I concluded that there was a fair chance that oil prices were peaking and that before too long spot prices would reverse and start to decline. I thought it was probably the beginning of a move back down to 80 per barrel precisely where the price has landed at the end of 2014.

Legal provisions ensure that workers who have not reached the level of the minimum wage receive compensatory payment to reach this level.

Imposition of an obligation to resell at a minimum price

Despite the agreed levels, the international financial organizations have a limiting influence on collective bargaining, and thereby the lowest labour price is the basis for salary calculations.

Experts noted that the world steel industry was currently enjoying a boom period, with very high prices for all steel products and hence in spite of high input prices record profits.

That would be the lowest level since 2001. 1

24. The dollar prices of crude oil have also been steadily declining since November 1997, and can be expected to remain subdued in the near future.

The price of gas in the US and Canada is only about half the current price in Mexico (and less than half the price in Europe and Asia). Mexican access to cheaper gas will boost Mexican petrochemical industries and lower energy costs for manufacturing.

The same indicators determine the price level of the services offered.

The oil price goes through the floor. That company goes out of business, and then you can bring the oil price back up.

A good average does not necessarily translate into prosperity for the poorest.

The decline in world cocoa prices, combined with increased prices for imports, had depressed incomes and living standards in the country, which also had a high per capita debt and a high rate of extreme poverty.

The CM establishes the minimum financing level for local governments.

Minimum, huh?

The minimum wage in Poland is so low that work of good quality is generally not remunerated below the minimum wage level.

Instead, energy prices will be allowed to reach their reasonable market level.

Instead, energy prices shall be allowed to reach their reasonable market level.

Thus, in spite of some recovery during the 1990s when the general commodity price levels recovered both in current and real terms (at annual rates of 4.2 per cent and 2.8 per cent, respectively, during 1991 1997), they still remained very depressed by past standards.

Below average Rather poor

The company was later awarded the contract, as it had submitted the lowest offer.

Nonetheless, comparisons with world market prices or other international prices are useful, where peak tariffs have reduced a country s imports to minimal levels or have allowed only imports of highest quality and highest priced products which can support such tariff rates and the resulting consumer prices for luxury products.

The competent regulatory body may have to approve criteria and parameters to be followed for determining reasonable price levels that allow the project company to recover the investment and achieve a reasonable rate of return.

It has always established a minimum level, guaranteed by the State, of total or part of remuneration for work.

For example, Brazil has wreaked havoc on the financial health of its national oil company, Petrobras, in order to keep gasoline prices low. Argentina destroyed its natural gas sector with price controls.

In the short run, excessively low prices could trigger political instability in some oil producing countries, driving up prices. Similarly, delays in upstream investment, especially megaprojects, could push prices above the ideal level in the medium and long term.

Global grain reserves were below the level considered necessary to guarantee world food security, prices has skyrocketed and low income developing countries with food shortages had been forced to pay between 3.4 and 4 billion more in recent times for their grain imports.

Securities prices are extraordinarily high, considering the backdrop of flaccid economic growth. Bond prices have soared on the back of quantitative easing by the Bank of Japan, the Federal Reserve, and the European Central Bank.

But while the prices of the agricultural commodities appeared to have more or less stabilized, albeit at lower levels than those prevailing in mid 1997, most metal prices and that of petroleum continued to deteriorate up to February 1998 ( recent developments in major commodity markets, including those especially affected by the crisis, are examined below).

Traders seeking Fairtrade certification must pay producers a price that covers the costs of sustainable production and provides a living wage. For example, the minimum price for coffee is 1.26 per pound, no matter how low the market price may fall.