US inflation battle continues as consumer prices rise again

Oct 13, 2022 · 29m 51s
US inflation battle continues as consumer prices rise again
Description

Consumer prices in the US rose more than expected last month in a sign that the inflation fight in the world's largest economy is far from over. Inflation jumped 8.2%...

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Consumer prices in the US rose more than expected last month in a sign that the inflation fight in the world's largest economy is far from over. Inflation jumped 8.2% in the 12 months to October, down from 8.3% a month prior. But what does this mean for business owners? We speak to Kymme Williams-Davis, who runs Bushwick Grind Coffee in Brooklyn, New York. Emma Wall, Head of Investment Analysis at UK brokers Hargreaves Lansdown, explains what the figures mean for the US economy. She also talks us through the latest developments in the UK, with possible changes to government plans on tax cuts anticipated. Competitive gaming, known as Esports, will no longer be a medal event in the 2026 Commonwealth Games after a surprise U-turn. Esports expert Charles Hambro from GEEIQ provides analysis on the news.
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Author BBC
Organization BBC
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