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	Podcast:		Business Matters
	Episode:		How is the surging price of commodities affecting the global economy?
	Category:		Business
	Duration:		00:48:57
	Publish Date:		2024-04-10 01:05:00
	Description:		Commodities - the raw materials that power business around the globe - are surging in price. And that suggests investors betting on a prolonged expansion—and a potential rebound in inflation. The S&P GSCI, which tracks commodity prices has advanced 12% this year. Copper and oil have gained more than 10% and 17%, respectively. Gold is also posting fresh records, rising 13% to $2,332 a troy ounce. So what's going on? Also, in the programme, the presenter Roger Hearing finds out why some politicians have pushed back against New York City’s congestion charging plan. (Picture: Businessman using a mobile phone to check stock market data - stock photo. Picture credit: Getty Images)
	Total Play:		0