US price worries: customers tighten purse strings
US prices rose at their fastest pace in nearly three years, with new data pointing to pressure from the Iran conflict. Fuel drove inflation to 3.8% in April, from 2.4% in February
Are higher prices in the US starting to show up in household bills as inflation moves closer to 4%? We’ll be looking at where that pressure is coming from, how long it might last, and what it means for businesses and consumers already feeling the squeeze.
Also today, after an awkward intervention from President Macron, we get the mood from the tech-focused Africa Forward summit, where leaders and investors are debating the future of digital growth on the continent.
And we hear why eBay has ruled out a deal to merge with GameStop, ending speculation over a possible takeover in the gaming retail space.
(Picture: Allison Dinner/EPA/Shutterstock)
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- Tue 12 May 202621:32GMTBBC World Service Europe and the Middle East
- Tue 12 May 202622:32GMTBBC World Service except Europe and the Middle East
