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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 ...

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 pric...

I'm going to do it again. i want to put you on the spot. in a year's time, what are prices 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 prices were 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 their disposable income is less. secondly, interest rate...

I want to put you on the spot. in a year's time, what are prices 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 prices were 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 their disposable income is less. secondly, interest rates are going up, which agai...

And ukraine, unfortunately, i feel that the the war will continue, which means that will continue to remain a supply—side block, which remains mired in uncertainty. so, whether it's the grains corridor or exports flows, that can continue to be fraught with risk. and the final thing is the other producing regions, you know, we are seeing some sort of climate change, unfortunately, which does create havoc across the world, particularly tropical countries. so, whether it's floods or droughts, inevitably you're going to see some of that in some key producing region. and i think that, again, may ...