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Real-time price indices: Inflation spike and falling product variety during the Great Lockdown

We characterize inflation dynamics during the Great Lockdown using scanner data covering millions of transactions for fast-moving consumer goods in the United Kingdom. We show that there was a significant and widespread spike in inflation. First, aggregate month-to-month inflation was 2.4% in the fi...

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Detalles Bibliográficos
Autores principales: Jaravel, Xavier, O'Connell, Martin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Published by Elsevier B.V. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7487746/
https://www.ncbi.nlm.nih.gov/pubmed/32952225
http://dx.doi.org/10.1016/j.jpubeco.2020.104270