00:00The sandals sold in this shop could soon cost more, catching some shoppers out.
00:09Oh no, I would buy a pair right now before that happens.
00:12I don't think it's fair, you know.
00:14German shoe manufacturer Birkenstock is preparing to raise prices across the globe
00:20because of Donald Trump's trade policies.
00:23For a full offset of tariff impact, we would need only a low single-digit price increase globally.
00:29Danish jewellery maker Pandora is also considering global price hikes.
00:34The risk of higher prices and slowing growth are really among the key concerns we have
00:39for these decisions announced out of Washington DC.
00:42The tariff fallout isn't posing a risk to inflation yet.
00:46Consumer prices rose just 2.4% in the year to April,
00:51driven by higher prices for holidays and food, in particular eggs, lamb, goat and fruit.
00:58Rent hikes eased while electricity and fuel prices went backwards.
01:03The RBS preferred measure of underlying inflation ticked up to 2.8%,
01:09which is still within the central bank's target range.
01:12Economists say the central bank's next move on interest rates could come soon.
01:17We think the next cut is in August, but there's suddenly a big risk for a cut in July.
01:23The Reserve Bank meets just before the U.S. pause on reciprocal tariffs on more than 15 nations ends.
01:30While the central bank thinks the trade war will put downward pressure on inflation here,
01:35there are scenarios where it could push up prices.
01:38If this goes far enough and it impairs global supply chains,
01:42that could push inflation up here and everywhere else.
01:45At a time when many are still grappling with cost of living pressures.
01:50The Reserve Bank meets the Verse 2.
01:57In the honor of the United States the United States,
02:00the U.S. Army Abundance, the U.S. Army Publishing,
02:03the U.S. Army Abundance, the U.S. Army Abundance,
02:06the U.S. Army Ways to be fueled by the U.S. Army Abundance,
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