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That he would halve it by the end of the year, he made that promise and it was up at 10%. part of the problem is food prices have been rising so sharply, food items like these and many others, injuly, went up these and many others, injuly, went up ljy these and many others, injuly, went up by 12.7% on average. it is an average so somethings will have gone up average so somethings will have gone up even more sharply than that. as a the bank of england has increased interest rates 1a times in a row now taking them to 5.25%, the highest they have been since the financial crisis of 2008. the theory being, you make borrowing more expensive, people have less to spend, which lowers demand, and that tends in theory start to bring down prices. let s speak to mark who has had this stall for how long? {05} let s speak to mark who has had this stall for how long? let s speak to mark who has had this stall for how long? you . stall for how long? 40 years. you are starting stall for how long? 40 ....
Car maintenance, 12.7%. car insurance is 16.9%. of course, buying a new car today, neil, i read somewhere this week that only 8% of new car sales are below $30,000. who has the cash right nowed to do that? now, an economic adviser to president biden talked recently about these new inflation numbers. americans are starting to really be able to see that at the grocery store, just as you said. i think what is behind it is an economy that is stabilizing at a good, steady rate of growth. reporter: now, neil, let s not forget about another key economic indicator, that s the italian sausage index. today a pound of italian sausage costs about $8. that s also increased over the past year. we ll continue to monitor that. neil: it is, indeed. it could get to $80, and i would still buy it. thank you very much, lucas tomlinson. he has a great sense of humor. all right. i want to go to amy barnes on all of this, messenger, chief ....
Amazon prime event. a lot of that was slapped on plastic. don t know whether that s a good thing. what do you think? it s worrying, neil. also not just being slapped on plastic, it s slapped on the new plastic. nearly a billion of that 12.7 that you talked about went on to buy now, pay later, which isn t traditional credit cards, it s a different newer kind of credit and the jury is out how well that works for the consumer right now. neil: still, scott. that s a win that the administration says the economy is back and that s good so far. what do you think? they do, neil. life in plastic is pretty fantastic these days because the economy is growing. the economy is recovering. a lot of us when we spend we put things on plastic as ann mentioned, maybe a slightly different buy now, pay later segment. the reality there s force and economies in the future here that come to play when you think about how your future is going to look and the fact that you do go out and put things on credit ....
Is a big day. they ve ended affirmative action. isn t that what you ve alwaysas been fighting for? she asked. i said yes. kei saidand would you celebrate? because prior to this decision, there was no groupe more subjected celeon in ination in academics than asian-americans. according to data cited in this case , applicants in the topdeci academic decile, that les the tp 10%, had different chances of admission, dependingt, on their race. 56% of black students in the top 10% were admitted to harvard. 31% of hispanic students gotharv in. only 15% of white students were admitted and just 12.7% of asians in the to ip 10% were admitted into harvard. a black student in the top half of his academic class had a better chance of getting into harvard than an asian student or a white student in the topon 10%. now, one would think a nation that takes a great step forward in judging individuals on the content of ....