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Transcripts for BBCNEWS World Business Report 20240604 04:38:00

can see the data. we shall watch closely, thank - can see the data. we shall watch closely, thank you. | let s stick with the cost of living, because it s not just the uk that s seeing prices rise. across the pond, inflation has reached a ao year high in the united states, spurred by the soaring cost of energy. the consumer price index there rose to eight and a half percent, year on year. here s our us business correspondent michelle fleury with more. americans are paying more for pretty much everything. the latest government report shows us consumer prices jumped 85% in march, the fastest inflation rate since the reagan administration, back in 1981. it easily erased most wage increases. it easily erased most wage increases- it easily erased most wage increases. ~ , . ., increases. we were expecting an u:l increases. we were expecting an ugly result increases. we were expecting an ugly result from increases. we were expecting an ugly result from the increases. we were expecting

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