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Could COVID-19 Infect the Consumer Prices Index?*

Blundell, R; Griffith, R; Levell, P; O'Connell, M; (2020) Could COVID-19 Infect the Consumer Prices Index?*. Fiscal Studies , 41 (2) pp. 357-361. 10.1111/1475-5890.12229. Green open access

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Abstract

The spread of COVID‐19 has led to sweeping changes in the way households work, spend their time and shop, resulting in different shopping patterns and rapid price changes in some goods. How will changes such as these be reflected in headline inflation measures such as the Consumer Prices Index (CPI)? This paper discusses problems in interpreting the CPI as a measure of how the cost of living is changing during the lockdown.

Type: Article
Title: Could COVID-19 Infect the Consumer Prices Index?*
Open access status: An open access version is available from UCL Discovery
DOI: 10.1111/1475-5890.12229
Publisher version: http://dx.doi.org/10.1111/1475-5890.12229
Language: English
Additional information: © 2020 The Authors. Fiscal Studies published by John Wiley & Sons Ltd. on behalf of Institute for Fiscal Studies This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
Keywords: Social Sciences, Business, Finance, Economics, Business & Economics, inflation, COVID-19
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10106338
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