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Austin Hughes

๐Ÿ‘ค Speaker
300 total appearances

Appearances Over Time

Podcast Appearances

Breakfast Business with Joe Lynam
Friday's business news review

Meat is still up 11%.

Breakfast Business with Joe Lynam
Friday's business news review

Fish jumped to 3.9%.

Breakfast Business with Joe Lynam
Friday's business news review

You're looking at milk, 6.7% up.

Breakfast Business with Joe Lynam
Friday's business news review

Fruit is up 4%, sorry.

Breakfast Business with Joe Lynam
Friday's business news review

Vegetables, if you're eating your greens, the news is a little bit better, just up 0.7% against 1.4%.

Breakfast Business with Joe Lynam
Friday's business news review

And even chocolate lovers might take a little bit of comfort that it's only up 8.9%.

Breakfast Business with Joe Lynam
Friday's business news review

against 13% last time round.

Breakfast Business with Joe Lynam
Friday's business news review

But by and large, you know, there's a lot of pressure.

Breakfast Business with Joe Lynam
Friday's business news review

There was also a jump in the October number because last year the government cut university fees by 1,000, this year by 500.

Breakfast Business with Joe Lynam
Friday's business news review

So that technical element.

Breakfast Business with Joe Lynam
Friday's business news review

But by and large, as I say, there is a sense there that living costs are still rising and at a rate that's uncomfortable for many households here.

Breakfast Business with Joe Lynam
Friday's business news review

We've already heard warnings from Isabel Schnabel, one of the German members of the board in Frankfurt, saying that she thought inflation risks were now a little bit on the upside.

Breakfast Business with Joe Lynam
Friday's business news review

And by and large, the message coming out of the ECB is,

Breakfast Business with Joe Lynam
Friday's business news review

in recent weeks has been, that's it, folks, in terms of interest rate cuts, unless we see some dramatic deterioration in the economy or some real pressures towards lower inflation, which

Breakfast Business with Joe Lynam
Friday's business news review

Doesn't look likely at the moment.

Breakfast Business with Joe Lynam
Friday's business news review

They might be a little bit afraid of the number, but the reality is the government shutdown meant that they couldn't calculate the index.

Breakfast Business with Joe Lynam
Friday's business news review

It was due out yesterday and, like most other official releases in the States, just has failed to materialise.

Breakfast Business with Joe Lynam
Friday's business news review

There's a lot of talk, some of it informed, some of it not surprising in the US all-around conspiracy that the government doesn't want to publish this and it is going to