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US inflation battle continues as consumer prices rise again

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.

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.

(Image: Economy graph: 100 dollar bills and stock market data dashboard - stock photo. Credit: Getty Images)

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27 minutes

Last on

Thu 13 Oct 2022 14:32GMT

Broadcast

  • Thu 13 Oct 2022 14:32GMT