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. Not michelle fleury. A huge rise but not heading in the not a huge rise but not heading in the right direction . The right direction . People were hoinu to the right direction . People were heping to see the right direction . People were hoping to see more the right direction . People were hoping to see more evidence hoping to see more evidence that prices were cooling and moving in the direction they wanted, this probably goes in the negative column, inflation is a bit hotter than people would like to see, and it does not necessarily mean a different
Bring this up to date on what we know about the events surrounding this assassination. We know about the events surrounding this assassination. Know about the events surrounding this assassination. We know that at least three persons this assassination. We know that at least three persons attempted least three persons attempted against the life of Fernando Villavicencio. We know one is also dead. We know the candidate was in the meeting in quito, the capital of the meeting in quito, the capital of the country, and when he left the meeting, he was killed. Obviously, that was really serious news for all the candidates, they are all concerned about what happened. We have criminal Political Violence in ecuador before but this is something completely new. A candidate for the presidency killed in the middle of a campaign. It is presidency killed in the middle of a cammin, , presidency killed in the middle of a camcain. , i, campaign. It is absolutely shocking, isnt it . Made campaign. It is
Quite simply they are doing this because of inflation and the rate of Price Increases and the International Comparisons are clear, although inflation is falling, in the uk it is not falling by as much or down to as low a level as it is elsewhere in europe in the us, and the us, and the bank has been talking up food prices and the amount we pay for services and the speed that wholesale, lower wholesale prices are being passed through the supply chain to us. The bank talked about crystallising risks, essentially the fear that when it comes to private sector wage growth, rings might be becoming embedded so they argued they needed to continue acting despite the impact it will have on households and businesses and we know the impact it will have on uk households and Mortgage Holders and also those ran singh. Also a warning from the bank also those renting. They said the rates will be high for a while, they are expecting inflation to meet the target of the Prime Minister, to half inflation t
Like to thank my team for their loyalty and continued damages doing that dedication for supporting me and my constituents. That is the statement they are from margaret ferrier, x mp. Lets get the sport now. Hello. Were starting with football and the latest news from the womens world cup. And european champions england are through to the knock out stages they finished top of group d after a thumping 6 1 win over china. Laurenjames scored twice in the victory in adelaide this her second goal to make it 4 1 her third of the tournament so far and shes also had several assists. England as a whole havent faced a Top Ranked Team yet at this world cup, but head coach Serena Wiegman is understandly pleased with her squad. Im very delighted. What i said before the game, where going to do things a little different than we did before. And we did really well. It shows how adaptive this team is. It shows how adaptive this team is. I think they are enjoying themselves on the pitch. What we expected f
According to the british retail consortium, Food Inflation fell last month to 13. 4 thanks to the lower cost of staple goods like oils, breakfast cereals, fats and fish. Heres our Business Correspondent emma simpson. It may not feel like it but the worst of food price rises could now be over. Grocery bills, though, are still way too high for many shoppers. Like, before you can just walk in with £10 and get a lot of things but now even £10 cant even buy what you actually want to buy. I mean, at the moment im ok but i guess im very lucky. But if it increased any more, just like Mortgage Rates as well, just like, yeah, the whole things going up, isnt it . Instead of Buying Luxuries now i buy the basics. Todays Food Price Figures come from the trade body for retail which also monitors the change in shop prices. Lets take a look at this chart which tells the story. Now, you can see how food prices jumped from last year. They were going up before the war in ukraine, but then they really st