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Price hikes this week. joining me now is susannah streeter, senior investment and markets analyst, hargreaves lansdown good to see you. we have a pincer grip on the way, interest rates rising, tax rises for many and energy bills apparently saw. has the nation put the credit card down? hat put the credit card down? not et, as put the credit card down? not yet. as far put the credit card down? not yet. as far as put the credit card down? not yet, as far as the put the credit card down? iirrt yet, as far as the latest indicators show, so we ve had a reading from the british retail consortium which showed that retail sales have bounced back tjy retail sales have bounced back by 8% in january retail sales have bounced back by 8% injanuary and also in the us as well, data their showing that sales were up 3.8%, so for now, at least, shoppers appear to be shrugging off the cost of living crisis but i don t think these big spenders are going to linger for that long because we have this wh ....
Can. , to make a difference when we can, , ,, ., to asia now, where there are more worries about inflation. the price of goods coming out of china s factories have surged at their fastest rate on record. the producer price index reflects the prices factories charge wholesalers for their products. the numberwas up 10.7% in september, compared with the same time last year, driven by soaring commodity prices and energy shortages. katie silver is following this for us in singapore. china, like many other countries, appears to be held in this pincer grip of rising prices at a time where economic recovery is slowing. but in china, there are also property curbs, an energy crisis. the pressure is mounting. that s right. and the problem here is what is bad news for china is that bad news for the rest of the world because so many products and goods are bought from china so this inflation can then be passed on. this data has shown us today, as you say, the worst since records began about 25 ....
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