84 22 News Today

Headline CPI is “likely to fall back” to around 6 per cent in Q2/23, major bank NAB has envisaged.  

Reporter, brian chung, breaks down the numbers. >> overall, inflation picked up steam over the beginning of 2022. clocking in at 9% in june. the fastest pace of price increases since the 19 80s. food prices soared, a gallon of milk now averaging $4.22, chicken a buck 84 a pound, and a dozen great eggs $3.59 a dozen. all more expensive than this time last year. gas prices topped $5 a gallon in the summer before tilting below $3.50, in the later part of the year. and then rent, the biggest spend f...

This is a nato reporter brian chong breaks down the numbers. >> inflation picked up steam over the beginning of 2022, clocking in at 9% in june, the fastest pace of price increases since the 19 80s. food prices soared, a gallon of milk averaging $4.22. chicken, $1.84 per pound, and it doesnt grade a eggs $2.49. gas prices topped $5 per gallon in the summer before tilting below $3.50 in the later part of the year. rent, the biggest spent for most households, jumped 7% 8%. inflation showed times o...

>> overall inflation picked up steam over the beginning o 2020, to clocking in at 9% i june, the fastest pace of pric increases since the 19 80s food prices soared, a gallon o milk now averaging $4.22 chicken, $1.84 pound, and dozen great a egg $3.59 dozen. all more expensive than this time last year gas prices topped $5 a gallo in the summer before childre below $3.50 in the later par of the ear and then rand, th biggest express our most hel souls joining seven to 8%. inflation did show - in th...

$4.22. and a dozen eggs $3.59. all more expensive than this time last year. gas prices, topped $5 in the summer before ult itting before $3.50 in the later part of the year. then rent, the biggest spend for most households jumping 7 to 8%. inflation did show signs of backing off in the later parts of the year as the reserve accelerated the pace of the interest rate increases. >> three quarters a percentage point. >> the fed continued to raise rates at a pace not seen in decades. the idea to make...

The new year. if you can believe it. and as we prepare to close out 2022, its been a big year for the economy. we saw record gas prices, the fastest jump in decades, and massive tech layoffs. even farewell to the choco taco. our own brian cheung has a look back at the years biggest business news. >> inflation picked up steam over the beginning of 2022, clocking in at 9% in june. the fastest pace of price increases since the 1980s. food prices soared. a gallon of milk now averaging $4.22. chicken...

Russian invasion of ukraine. in the u.s., california, has the most expensive gas, a whopping $6.37. its been above $6 for more than a week. california is always more expensive because of higher state taxes and emission regulations that require a more expensive blend of gas in california. when it comes to the cheapest gas, georgia is the least expensive at $4.33. states in the midwest and near the gulf coast typically have the cheapest gas. they are closest to americas oil refineries, brianna. >>...

Take to lift a home out of the ground and it paints a picture how devastateing and strong the storm was. take a look at what we see behind us, the devastation will look worse as daylight approaches. >> carley: nicole, live in new orleans, thank you. gas prices hovering near record highs across the country. >> todd: los angeles first to hit average of $6. cheryl casone is here. good morning. >> cheryl: gasoline prices rising at fastest pace on record. march comes in at $4.22, biggest hike since 1...

One month ago, 3.62. now 4.22 per gallon. how much can you truly blame on whats going on in ukraine? >> clearly, coming out of the pandemic, the demand was through the floor meaning people were not traveling so much so the price went way down. that was the result of -- thats what you see in first part of the increase. its gone up a dollar since the last month. thats because of supply and demand. its baecause the russian barres have been pulled off the market. >> okay. thank you. >> you bet. th...

Absolutely zero when you do nothing to stop it. but over what i found interesting yesterday when i was reading the story the democratic lawmakers want to bring the ceos to capitol hill and basically use it as a political stunt to ask them why they arent producing energy. back in october, the same democratic lawmakers, the same ceos to capitol hill and i was in the hearing and told them stop producing oil in this country. so, a time to be in the industry that im in. >> ashley: i want to talk to t...