Wednesday, February 13, 2008

Unit 3: Inflation rises to 2.2%

This BBC article explains the latest rise in inflation

This clip shows in more detail the contrasting movements of different prices

< >

This clip shows the Bank of England view of the state of the economy

< >

a) What measure is used to record inflation in the UK?
b) How can inflation be rising if the prices of clothes, audio visual products and cars are falling?
c) What sort of inflation is the UK experiencing? Explain your answer

No comments: