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Business77 words1 min read

Island's Inflation Rate Climbs to 3%

an aerial view of an island in the middle of the ocean
Photo by Ernests Vaga on Unsplash
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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

1. What is the new inflation rate on the island?
2. What caused the inflation rate to rise?
3. True or false: Prices on the island went down.

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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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