Island's Inflation Rate Climbs to 3%
Listen to the story
New numbers show the inflation rate on the island is now 3%.
Inflation means prices go up over time.
Food and alcohol prices went up a lot.
This made the inflation rate rise.
The new numbers come from official figures.
People now pay more money for food.
They also pay more money for alcohol.
This change affects many people on the island.
Higher prices can make life harder for families.
Officials are watching the situation closely.
Vocabulary15 words
- inflation
- when prices go up over time
- figures
- numbers that show information
- rate
- how fast or how much something changes
- rise
- to go up
- cost
- the money you pay for something
- increase
- to become bigger or more
- drive
- to cause something to happen
- official
- from the government or a trusted group
- affect
- to cause a change in something
- alcohol
- drinks like beer and wine
- food
- things people eat
- money
- what people use to buy things
- price
- how much something costs
- island
- land with water all around it
- situation
- what is happening now
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Quiz
Answer key
1. 3% 2. Higher food and alcohol prices 3. False
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
New numbers show the _____ rate on the island is now _____.
Inflation means prices go up over _____.
Food and _____ prices went up a lot.
This made the inflation rate _____.
The new numbers come from official _____.
People now pay more _____ for food.
They also pay more money for _____.
This change _____ many people on the island.
Higher prices can make life harder for _____.
Officials are watching the _____ closely.
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