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Even children from middle-income homes might be deterred by fears of higher costs, he said.
Fears of higher inflation also helped to push up the precious metal by 1.2%.
Athens fell for five consecutive days on fears of higher inflation, losing 5.5% over the week.
Fears of higher interest rates in America and Britain dragged Wall Street and London lower.
Fears of higher inflation could become worse if the federal government goes on a spending binge.
STOCKMARKETS Technology shares took another battering, on fears of higher interest rates and weak dot.coms.
Similar(28)
But although climate rhetoric has been based on fears of high sensitivity, climate policy has not been.
Faced with warnings of a double-dip UK recession and a eurozone crisis, the Bank shrugs off fears of high inflation and boosts QE by £75bn to £275bn.
The figures, which raise fears of high unemployment and inflation with stagnant growth, mark the first serious challenge to the coalition's political and economic direction.
Buddhist chauvinists in Myanmar have fomented fears of high birth rates among Muslims; this measure is likely to be used against Rohingyas.Many worry about what may happen when the world's attention drifts.
"Profit numbers have been excellent despite fears of high inflation, energy costs and shortages of raw materials".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com