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Episode details

World Service,11 Dec 2021,23 mins

US inflation hits highest level for nearly 40 years

World Business Report

Available for over a year

American shoppers, especially those on low incomes have felt the pinch of higher prices, with annual inflation at rates not seen for 40 years. The latest figures show prices rose 6.8% in the year to November. We hear from people struggling with those price rises in Louisville, Kentucky. And Sasha Twining speaks to former White House economic adviser, Professor Steve Hanke of Johns Hopkins University. Also on the programme, we hear about GM's $3 billion investment in electric vehicles, hear from Myanmar as workers stage a "silent strike" and hear from the entrepreneur trying to make freelancers the new mainstream.

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