Prices almost everywhere are going up, which means most of us have less money to spend. At the heart of it is inflation, the rate at which prices are rising. It means paying higher costs for everything, from food to transport, clothes to power, and less on life’s luxuries.
Host James Reynolds has been bringing people around the world together to share their experiences of inflation. Three people living in cities in Asia, Africa and Europe describe their struggles to buy food and pay the rent.
We also speak to business owners, in Argentina, Senegal and Zimbabwe, including two who run restaurants. They give us an insight into how they stay solvent and share some advice on spending. They say that even when times are tough, people still want to go out to socialise with friends and family.
And two students, in Poland and Lebanon, tell us know they have taken on multiple jobs to make ends meet.