Thursday, June 14, 2007

Unit 3: Latest unemployment/inflation figures and an explanation of food inflation

Two BBC articles with the latest statistics

http://news.bbc.co.uk/1/hi/business/6743693.stm

http://news.bbc.co.uk/1/hi/business/6747659.stm

a) What are the trends in each case?
b) What reasons are given for each change?

This BBC clip explains why food prices are rising at almost double the inflation rate

< http://www.bbc.co.uk/mediaselector/check/player/nol/newsid_6740000/newsid_6748000?redirect=6748005.stm&news=1&nbwm=1&nbram=1&bbwm=1&bbram=1 >

a) Why, if food prices are rising so fast, is the inflation rate not rising as well?

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