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BBCNEWS Talking Business June 4, 2024 10:38:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 10:38:00

I'm going to do it again. i want to put you on the spot. in a year's time, what are price going to be doing? that's tricky, because this time last year you asked me the same question. and thankfully, i was right. i'd suggested that price is going to go quite a bit higher. and yes, they did. a couple of factors. number one, the world economy is under a bit of stress. so demand is slowing, i would say, across the board, mostly because of the cost of living crisis. inflation is just very high, which makes people feel poorer and means the disposable income is less. secondly, interest rates are goi...

BBCNEWS Talking Business June 4, 2024 23:37:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 23:37:00

Or as a result the higher cost of labour means again that the cost of food by the time it gets to the supermarket has become elevated so much more than it normally would have been. and, kona, i've done it before, i'm going to do it again. i want to put you on the spot. in a year's time, what are price going to be doing? that's tricky, because this time last year you asked me the same question. and thankfully, i was right. i'd suggested that price is going to go quite a bit higher. and yes, they did. a couple of factors. number one, the world economy is under a bit of stress. so demand is slowi...

BBCNEWS Talking Business June 4, 2024 22:37:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 22:37:00

Elevated so much more than it normally would have been. and, kona, i've done it before, i'm going to do it again. i want to put you on the spot. in a year's time, what are price going to be doing? that's tricky, because this time last year you asked me the same question. and thankfully, i was right. i'd suggested that price is going to go quite a bit higher. and yes, they did. a couple of factors. number one, the world economy is under a bit of stress. so demand is slowing, i would say, across the board, mostly because of the cost of living crisis. inflation is just very high, which makes peop...