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Nor is hanging on to older workers the only way to cope with a falling supply of labour.
And its fall owes less to red-hot demand than to falling supply, as many workers have left the labour force.
John Bridges, a metals analyst at J. P. Morgan Securities in New York, said the prospect of a falling supply of gold had also buoyed prices.
Miners were mixed, despite copper reaching a record $10,000 a tonne as traders bet on falling supply and rising demand.
While some see it as a simple bet that cocoa prices will rise on falling supply, others say Mr. Ward has created a shortage of cocoa simply to drive up the price himself.
The new stamp-duty surcharge on second homes, coupled with the removal and erosion of tax breaks for property investors, is likely to lead to falling supply – while demand for rented homes from those who cannot afford to buy continues to go up.
Similar(47)
"It has become much more challenging as demand falls, supply builds up and price competition intensifies".
The falls supply hydroelectric power to Mysuru (Mysore), Bengaluru (Bangalore), and the Kolar Gold Fields, more than 100 miles (160 km) away.
As prices fall, supply shrinks as the most expensive sources of oil are capped, helping to maintain an equilibrium.
As PC demand fell, supplies of memory chips have piled up.
"The apparent increase in prices has been fully reversed, demand is falling, and supply is going to increase".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com