Why are prices going up? 6 Minute English

Hello guys,
Im from iran, here we have also high rate of inflation. we have challange in daily life expenses but we are optimistic and in our society there is a hope that one day in near future everything will get better.

I just came cross this channel, and this is the type of videos i have been looking for where i can listen to many topics and extand my vocabulary. 😊

What causes the rises ? The pandemic, the war in Ukrane ... But what about the genocide in Palestine commited by the Zionists ?

Its a good explanation relating to price hike in the present scenario. Ukraine war and corona epidemic are the main reason behind the current price hike.

Prices are going up because of the government of each country

Hi please write the vocabulary on the screen thanks

How dare you to say that the war in Ukraine is guilty in all the misfortunes ? russia is guilty and greedy. How could it be that the whole Europe needs russians gas?

Being vigilant on those discretionary spendings would really help.

🇺🇿🇺🇿🇺🇿

Thanks a bunch

It is very real. I Live in Venezuela. 😢 and the inflation is very hight in 2023 , can you imagine!

I am hit in the pocket because I spend 50 percent of my salary on food and clothes every month. I have less money to spend, and inflation is playing a part

I am hit in the pocket because I spend 50 percent of my salary on food and clothes every month. I have less money to spend, and inflation is playing a part

Greed

In Vietnam, recently, food and energy prices are going up no end which is a real hassle for people in developing economy like me to handle. It is expected to be around for a while. Customers like me are being hit in the pocket at the moment. The reason for this is the reduction of food supplies, in other words things are in short supply, available in limited quantities.

I am in Venezuela. It's a shame we have a terrible economy. I am math teacher and my salary is 16 dólar per month. Everyone has to do any informal work to live. The situation here is difficult. I have thought in traveling abroad in order to get better life conditions. I would like to live in a country like UK. Maybe after some years I will be able to go there.

İlets practice done

Its a great lesson and l have seen a new useful fainancial vocabulary

The design of 6 Minute English is very effective.

At first place , politicians are responsible for!!!

Thanks BBC for a wonderful video

My summary while listening
Nowadays, it seems like our money doesn't buy so much. Clearly, customers are being hit by the pocket globally. I believe it has something to do with inflation probably stemming from the Covid pandemic and the war in Ukraine.
There are necessities that we need and depend on such as food and energy such as gas or electricity but their prices keep going up controllably.

According to Linda Yueh, even don't mention volatile items like food or energy, companies tend to charge their goods and services with high prices which largely contributes to the current inflation.

So, how can we deal with inflation? one way that is actually the most effective is slowing down demands by increasing interest rates. Doing that discourages people and organizations from purchasing or overspending which eventually results in decreasing prices.

I liked how they teach English. thanks

Hello 👋 I am Uzbek. Uzbek silaaa. 🇺🇿

Хуйня какая-то, одни пиздаболы ни одного пруфа не было

Hi. Yes, honestly it happens right now. We have many problems in our world. I think before solving it we should see. Going up prices are happening everywhere. It's because of war or something, if i am not mistaken. In some countries prices of products go up every month. People who don't have a job or work there, it can be hard for them. I hope everything will be fine. Thanks, bbc👍

I hope everyone will overcome difficulties this period. Your channel is not only useful but also interesting. I'm so grateful for all that you have done <3

I will very improvemont listing for bbc. Thank for bbc

The video like that really helpful and I’ve seen a lot of them. Thank you so much for them. But please don’t say “war in Ukraine” we didn’t want this war in 2014 and don’t want it now. It russian war against Ukrainian people. It’s really important named things like this in right way

I love 6 Minute English

Learning english with the BBC because i want to be able to scape from Venezuela inflation to live in England hehe

Thanks for video

I love BBC ❤

From Kurdistan _Iraq 🇮🇶
Sunday,15 January
7:32 pm❤

1300%

One of the effective ways to control inflation is slowing down the demand by increasing interest rates.

oh

I am living in somalia my mother language Somali but I talk English speake help me 6minute bbc learning English I would like consistency watching 6minute bbc learning English and then held garow vocabulary words English thank you so much every body participate bbc learning English

The reason is the Russian invasion of Ukraine. Now just a war in Ukraine. Why you didn't mention Russia and how the British economy was dependent on it?

Sorry, but the war is in the Ukraine, right? And if your wouldn’t interfere into it, like you always have been doing, and wouldn’t impose sanctions, your prices wouldn’t be so high, you know. So you created that problem, and you’re still complaining

Hello to every one. I'm listening to the lesson but unfortunately,, cannot see the text. can somebody helps me ? Thank you

I live in Brazil and pandemic has caused a huge increase in prices of things around here, in particular food.

What is the accent

Very good review thanks

You are really helping me I passed a exam last exam I was a failure now I owe you one

🥰 love this channel

I really love this channel!!!