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What is Understanding Inflation and Price Rises about?
The BBC Learning English program discusses the rising prices due to inflation, which is significantly affecting consumers globally. Key factors contributing to inflation include the Covid pandemic and the war in Ukraine, leading to reduced supply of essential goods like energy and food. Economists suggest that increasing interest rates may help control inflation by slowing down demand, but the situation remains concerning, especially for developing economies.
- Author
- hoahuongduong.dlnc
- Language
- EN