there they are. commodities expert kona lasker haque can tell us where the markets think prices of raw materials are heading. kai markus mueller, who s the neuroscientist who gives us the psychology behind the way shops set their prices. and christel delberghe, she s the boss of eurocommerce, which represents the big retailers in some 27 countries across europe. also on the show, from the coffee field to your daily mug ofjoe, i ve got antonio baravalle, the big boss of the coffee giant lavazza, to talk to us about pricing from bean to cup. wherever you rejoining me from around the world, once again, a big hello and a very warm welcome to the show. blimey, how much is that? you know, that s the question millions of us are now asking ourselves as we shop for everyday essentials. the cost of most of the things that we buy has gone up and up for pretty much everyone on the planet. this inflation is the reason central banks are ramping up their interest rates. workers are demandin
to portugal and spain, with the aim of rebuilding his country s ties with europe. lula da silva is facing criticism after suggesting that ukraine and russia shared the blame for their current conflict. you re watching bbc news. time now for talking business with aaron heslehurst. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the cost of living has been going through the roof, but can it possibly go up even more? and do prices ever really come down? we re going to be looking at how those prices get set and what goes on behind the scenes between growers, suppliers and the shops themselves. i m going to be discussing all of that with this crack team. there they are. commodities expert kona lasker haque can tell us where the markets think prices of raw materials are heading. kai markus mueller, who s the neuroscientist who gives us the psychology behind the way shops set their prices. an
that we buy has gone up and up for pretty much everyone on the planet. this inflation is the reason central banks are ramping up their interest rates. workers are demanding higher wages and shops, they are the new battleground between retailers and their suppliers. the boss of the biggest retailer right here in the uk, it s tesco, told the bbc about how his company negotiates with suppliers about price. i think you need to talk to the individual suppliers if you think that their price increases are hard to justify. we work very hard at tesco to analyse the make up of our food products. an awful lot of our own label is bought on what s called an open book basis. in other words, we see what the ingredients are costing our suppliers, and we have an agreed kind of profit margin for them on top of their raw material costs and their operating costs. so we know exactly what s going on there. and, you know, we don t
that we buy has gone up and up for pretty much everyone on the planet. this inflation is the reason central banks are ramping up their interest rates. workers are demanding higher wages and shops, they are the new battleground between retailers and their suppliers. the boss of the biggest retailer right here in the uk, it s tesco, told the bbc about how his company negotiates with suppliers about price. i think you need to talk to the individual suppliers if you think that their price increases are hard to justify. we work very hard at tesco to analyse the make up of our food products. an awful lot of our own label is bought on what s called an open book basis. in other words, we see what the ingredients are costing our suppliers, and we have an agreed kind of profit margin for them on top of their raw material costs and their operating costs. so we know exactly what s going on there.
wherever you rejoining me from around the world, once again, a big hello and a very warm welcome to the show. blimey, how much is that? you know, that s the question millions of us are now asking ourselves as we shop for everyday essentials. the cost of most of the things that we buy has gone up and up for pretty much everyone on the planet. this inflation is the reason central banks are ramping up their interest rates. workers are demanding higher wages and shops, they are the new battleground between retailers and their suppliers. the boss of the biggest retailer right here in the uk, it s tesco, told the bbc about how his company negotiates with suppliers about price. i think you need to talk to the individual suppliers if you think that their price increases are hard to justify. we work very hard at tesco to analyse the make up of our food products. an awful lot of our own label is bought on what s called an open book basis. in other words, we see what the ingredients are costing o