Thats slightly higher than expected and driven mainly by higher costs for gasoline and rents. In the 12 months up to february, the cpi rate increased by 3. 2 , compared to 3. 1 injanuary. The core rate, stripping out those volatile elements such as fuel and rents, fell to 3. 8 from 3. 9 injanuary, but that was still higher than the 3. 7 expected. This latest data suggests there is still some stickiness with inflation that will be scrutinised by the Federal Reserve as it weighs up a highly anticipated Interest Rate cut injune. Lets head over to new york and speak to our north America Business correspondent michelle fleury. As far as the fed is concerned, it is about how they respond to this number. It is not going in the direction they wanted it to. The tricky word direction they wanted it to. The tricky word that direction they wanted it to. Tue tricky word that you direction they wanted it to. Tte tricky word that you were stumbling over, sticky, and a lot of this is to do with housin
In about 90 minutes time well get the latest health check on the economy and everyone is asking the question will the numbers reveal we are officially out of recession . Well, most experts predict yes, and say we will see a smidgen of Growth Injanuary of 0. 2 . This would confirm the Bank Of Englands suggestion that the downturn is behind us. During the final three months of last year, the data showed the uk slipped into recession and inflation injanuary was at 4 so its still twice the Bank Of Englands target. Lets discuss all of this with azad zangana, Senior European Economist at schroders. Good morning to you. Are you with the majority believing today will give us a Growth Number . Today will give us a Growth Number . ~. ~ ~ number . We are. We think it could be number . We are. We think it could be even number . We are. We think it could be even a number . We are. We think it could be even a little number . We are. We think it could be even a little higherl could be even a little h
Unpunished. The Bbc World Service Latin America regional editor Leonardo Rocha reports. Mr villavicencio was shot dead as he finished a rally in the capital, quito. He was approached by a gunman who shot him in the head three times be or they escape. He was a former union leader, a former journalist who clashed with other politicians in the past for his role as an investigative journalist, and he was a current member of congress. He was running on an Anti Corruption and Pro Environmental campaign. He was one of several candidates running for president. The first round of the election will take place on august 20, he was Opinion Polls put in Third Orfourth place but he had a chance because there would be a second round of votes probably later this year. He is the latest victim of this crime wave in ecuador, he survived an attempt on his life before, and ecuador is going through a serious crisis, triggered mainly by the increasing involvement of mexican drug gangs in the country. There h
Than 170 million users in the us. The measure is the latest in a series of moves in washington to respond to Us National Security concerns about china, from connected vehicles to advanced Artificial Intelligence chips to cranes at us ports. Lets get the latest on this our north America Business correspondent erin delmore has been folllwing the vote from new york. Just how significant is this . Because it is the first stage, isnt it . ,. ,. , it . There is more to come. Exactly, ben. It it . There is more to come. Exactly, ben it sets it . There is more to come. Exactly, ben. It sets the it . There is more to come. Exactly, ben. It sets the table it . There is more to come. Exactly, ben. It sets the table for it . There is more to come. Exactly, ben. It sets the table for what ben. It sets the table for what could be further action and to be very specific, the action says that the company, the Chinese Company that owns tiktok would have to either divest, that mean cell, tiktok or face a