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Increase, so could todays figure be big news after all and crucially could it be enough to persuade the Federal Reserve to leave Interest Rates unchanged next month . Lets spring in our north America Business correspondence, michelle fleury. Michelle, thank you for being with us. First, talk us through the reasons behind his uptick in inflation, having come down in a nice steady pattern, why has it gone up . Nice steady pattern, why has it gone u. . ,. ,. , ~, nice steady pattern, why has it gone up . Yes, if you look at prices specifically. Up . Yes, if you look at prices specifically, there up . Yes, if you look at prices specifically, there are up . Yes, if you look at prices specifically, there are things | up . Yes, if you look at prices. Specifically, there are things like housing, airfares that have gone up, in ....
Do that comparison from a year ago, it does look like it has fallen down slightly from that kind of elevated rate that it was injune a year ago. i hope you followed me then, but basically, there are yearly comparisons that are creating noise in this data and that is why even before the numbers were released, there was a feeling that it would go that up, you would see prices increase, but that the pace of that increase, but that the pace of that increase was actually still slowing down and the overall trend continues to move in the right direction. yes. to move in the right direction. yes, so i suppose - to move in the right direction. yes, so i suppose - i to move in the right direction. yes, so i suppose. i do to move in the right direction. yes, so i suppose. i do follow - to move in the right direction. yes, so i suppose. i do follow that and i m sure everyone at home follows it as well, so i suppose the question is now, on the face of this is bad news, were wanted inflation t ....