Business Matters

US inflation rises to 3.2%


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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 a doctor striking in 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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Business MattersBy BBC World Service

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