What Lower Inflation Means For You

Newscast

BBC

Politics, News

4.4 • 6.4K Ratings

🗓️ 16 October 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today, we discuss a fall in the inflation rate, how it’s affecting benefits, and what it means for the budget.

Cost of living correspondent Colletta Smith explains how and why people experience inflation differently, and Alex and economics editor Faisal Islam goes through potential implications for the budget.

Faisal’s also been talking to DWP minister Liz Kendall about her plan to for mental health patients to get job coach visits.

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Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Chris Flynn with Anna Harris. The technical producer was Jonny Hall. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.

Transcript

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0:00.0	BBC Sounds, music radio podcasts.
0:04.6	Hello, riddle me this.
0:06.6	What was 2.2% last time and is 1.7% this time. There was a downward pressure on it from airfares and fuel, but upward
0:18.7	pressure on it from food and non-alcoholic beverages.
0:23.0	Why, it's inflation of course, which is now 1.7%
0:27.6	according to the Office for National Statistics.
0:29.9	Now, I sometimes wonder if we make too much fuss about the inflation number on a month to month
0:36.2	basis because it goes up, it goes down and you know what? Things are permanently more expensive for two years
0:42.2	of very high inflation.
0:43.6	But this one does have consequences because other things are linked to this particular
0:49.9	month's inflation rate.
0:52.3	And that will be revealed on this episode of
0:54.0	newscast newscast from the BBC I like landscapes you have a bright future
0:59.6	behind you you think you just fell out of a coconut tree We're effectively run in this country by a bunch of childless cat ladies.
1:06.0	You don't understand the essence of Brad?
1:08.0	It's the fun police working overtime.
1:10.0	It's just getting silly now.
1:12.0	Take me down to Downey Street.
1:13.2	Let's go have a tour.
1:15.1	Blimey.
1:16.0	Hello, it's Adam in the newscast studio.
1:21.0	The biggest economics and fiscal story I picked up this week was when I went to see
	...

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