Season 1 · Episode 25
Prices in a crisis
Measuring inflation during COVID-19
IFS Zooms In: The Economy · Institute for Fiscal Studies
November 17, 202034m 8s
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Show Notes
We often hear about inflation in the news, whether it has gone up or down, and how this impacts the price of everyday goods. But what do economists mean by inflation, how do they measure it, and is inflation the best way of understanding the changes in the price of goods? This week we speak with Martin O'Connell, Deputy Research Director at IFS and author of a recent paper looking at grocery prices during the pandemic, and Ian Crawford, Professor of Economics at Oxford.
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