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]
You can download audio and text here:

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#learnenglish #inflation #englishvocabulary #costofliving #money

[abadalrhmazkoo]

Actually, here in my country Syria, we have been facing the same problems since 2012 even life becomes harder . The best thing from this video is that I have learned and recycled some very important vocabulary about economy . Respected Teachers Rob and Beth thank so much ❤️ for this amazing video !

[trangdieu.c]

VOCABULARY IN THIS VIDEO
1. broadcaster: someone who speaks on radio or television programmes
2. inflation: increase in prices of things over time
3. hit in the pocket: have less money to spend
4. volatile: unpredictable and can change suddenly
5. sustained: continues at the same level for a long period of time
6. effective: works well and gets the best results
7. interest rates: fees banks and financial institutions charge you for borrowing money
8. According to one report
9. makes sense
10. That’s not good at all
30/09/2022 ALL THE BEST FOR YOU.

[yash-zipy]

This channel very helpful in learning English. It helps in improving our spoken english

[learnenglishbybangla]

The design of 6 Minute English is very effective.

[relaxationclub]

I just came cross this channel, and this is the type of videos i have been looking for where i can listen to many topics and extand my vocabulary. 😊

[sh]

This channel is helping me for a long time in terms of learning English

[kathyngo]

Video is very useful for my learning English and give me some news about economy as well. I think this time is a hard period with everyone, but it will be better in near future.

[letsplayroblox]

Hi. Yes, honestly it happens right now. We have many problems in our world. I think before solving it we should see. Going up prices are happening everywhere. It's because of war or something, if i am not mistaken. In some countries prices of products go up every month. People who don't have a job or work there, it can be hard for them. I hope everything will be fine. Thanks, bbc👍

[gurdeepsingh]

You are really helping me I passed a exam last exam I was a failure now I owe you one

[haitiancreolewithluciano]

*Love the channel! I used it a lot at the beginning of my English journey!!!*

[julianconjota_]

The inflaction in my country Colombia is incresing since almost 20 years ago, that's the reason Im learning english, I started to learn since 2 mounths ago, I want a better Future for my girlfriend, my parents and family, I'm looking for improve my english and can get a better work.
Saludos a todos

[croutardsparrow]

Good afternoon! Thank you sincerely for the video! I hope to see new videos coming out soon :)

[Lyrik-Klinge]

One thing is certain: this channel is priceless.

[hoavi]

I hope everyone will overcome difficulties this period. Your channel is not only useful but also interesting. I'm so grateful for all that you have done <3

[nilo]

Best used 6min. I learned a lot:
Interest
Hit in the pocket
Inflation, volatile,
Sustained, Passed through,
Slow down demand, a round, recession, bleek, overview, effective. Hyper inflation

[villianPhan]

These videos are very useful to me in English learning path. Many new and meaningful vocabularies were selectively compiled and categorized (base on specific topics) to help learners easily grasp. Keep it up

[franciscojose]

Yes 6 minute english from pure information

[jasbleydycubillos]

I liked how they teach English. thanks

[lahermanafeliz]

These 6 minutes are very interesting, thanks! I’m live in Argentina and the prices going up every time, is really an old problem. Silvia

[innariepina]

Thank you for your work! I’m from Ukraine and think that it’s not correct to tell that prices are going up just because of the war in Ukraine without mentioning that it was Russian full-scale invasion on the independent state