While the move is encouraging, the index remains 36% above its April 2010 values and only 2% below its peak in February, keeping food-price concerns a top priority around the world.
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Consumer surveys show that location near big cities has become a greater priority now than price.
Immediate needs such as food, clothing for the children, gas and household products are given first priority over paying full price for clothing.
They said the site can display inventory that is in storage or pieces offered at lower price points and therefore not a priority for gallery sales staff.
"At Waitrose, the welfare of animals and quality of our fresh and frozen meat has always been of the highest priority, " added Mr Price.
"Getting downward movement on IT prices and easing the bite of price discrimination should be an important micro-economic priority - so I'm looking forward to hearing from these firms about their pricing approaches, " he added.
Volcker also made it abundantly clear that he believes the No. 1 priority of the Fed should be to provide price stability and prevent inflation from rising.
Helping to find the redundant miners new jobs is a priority, not only for himself but everybody, Mr Price said.
For such a conversational company, in an age when pervasive sentiment clearly impacts share price all the time, you would expect this to be a priority.
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He made health care his top priority in the campaign, saying that he would work to reduce the price of prescription drugs and provide more health care coverage through government programs and tax breaks for small businesses.
Of all the risks dairy farmers must manage, price volatility which has increased over the last decade should be a top priority.
That price will include e-mail-based installation support along with a one-year subscription to priority FTP service.
And a few mines, some say, have given priority to producing associated metals such as molybdenum, which is mined in tandem with copper and whose price has increased even faster than the bigger metal's.
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