We characterize inflation dynamics during the Great Lockdown using scanner data covering millions of transactions for …. First, aggregate month-to-month inflation was 2.4% in the first month of lockdown, a rate over 10 times higher than in … fast-moving consumer goods in the United Kingdom. We show that there was a significant and widespread spike in inflation …

poverty line may provide a more reliable assessment of the impact of the Great lockdown on poverty, however. Policy …, our results suggest that the social impact of the Great Lockdown is likely to be much larger than the one experienced …

Reserve, monetary policy shocks exerted a sizable positive contribution to output and inflation during the COVID-19 Crisis. …

The coronavirus crisis that started in December 2019 was declared a pandemic by March 2020 and had devastating global … of the lockdown measures. However, the massive fiscal and monetary stimulus packages to counteract the effects of the …

promotions on inflation measurement. Although changes in product-level expenditure shares were unusually high during lockdown, we …, changes in shopping behaviours played only a minor role in driving higher inflation during lockdown; higher prices were the … inflationary spike at the beginning of lockdown and to quantify the impact of high-frequency changes in shopping behaviours and …