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US inflation rises to 3.2%

The inflation rate in the US picked up in February, as prices for petrol and housing pushed higher.

The inflation rate in the US picked up in February, as prices for petrol and housing pushed higher.

The annual rate, which measures the pace of price increases, was 3.2% in February, up from 3.1% in January, the Labor Department said.

Airfare, car insurance and clothing were among the items driving the increase over the month.

Also, in the programme, Sam Fenwick will talk to one of striking doctors from South Korea and finds out how the climate change is having a big impact on the cost of bananas.

(Picture: Inflation in the United States, Austin, USA. Picture credit: EPA-EFE/REX/Shutterstock)

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27 minutes

Last on

Tue 12 Mar 2024 22:32GMT

Broadcast

  • Tue 12 Mar 2024 22:32GMT