Why are prices going up? 6 Minute English
Around the world, prices of things are rising more than normal, and more worrying is that prices keep going up. Rob and Beth talk about inflation and teach you related vocabulary along the way.
This week's question
According to one report, what was the annual inflation rate in Venezuela between November 2017 and 2018?
a) 130%
b) 1,300%
c) 1,300,000%
Listen to the programme to find out the answer.
Vocabulary
inflation
increase in prices of things over time
hit in the pocket
have less money to spend
volatile
unpredictable and can change suddenly
sustained
continues at the same level for a long period of time
effective
works well and gets the best results
interest rates
fees banks and financial institutions charge you for borrowing money
[Cover: Getty Images]
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