Consumer prices rose 3.7% annually in September as gas prices…

What BBN said about it

1. 

   Vera Bullock · Co-AnchorConsumer prices rose three point seven percent in September from a year ago, a touch above the three point six percent economists expected, and gas is driving it.

2. 

   Vera Bullock · Co-AnchorWith us is Thaddeus Mbeki-Lund, who advises companies on exactly this. Thaddeus, why did prices go up?

3. TM

   Thaddeus Mbeki-LundVera, to put a finer point on it, prices went up because things got more expensive. I'm flipping the hourglass for that one.

4. 

   Vera Bullock · Co-AnchorFlipping it?

5. TM

   Thaddeus Mbeki-LundThe hourglass is my meter. Every obvious statement starts a fresh hour, and my rate is four thousand dollars.

6. 

   Vera Bullock · Co-AnchorSo how does a family with a car and a commute handle gas prices that are surging?

7. TM

   Thaddeus Mbeki-LundTo put a finer point on it, they should drive less, and I'd call that a strategic reduction in mobility. Hourglass.

8. 

   Vera Bullock · Co-AnchorThat's just don't drive. Everyone with a gas receipt already figured that out for free.

9. TM

   Thaddeus Mbeki-LundTo put a finer point on it, prices rose three point seven percent annually in September as gas prices skyrocket.

10. TM

    Thaddeus Mbeki-LundThat's the headline, and I've added a slide.

11. 

    Vera Bullock · Co-AnchorYou've now billed this network more than a full tank of gas to read our own headline back to us.

12. TM

    Thaddeus Mbeki-LundFill up less often. That was the last four thousand dollars.