WHAT PANDEMIC INFLATION TELLS: OLD HABITS DIE HARD

COVID-19 has led to changes in individuals’ consumption habits, which will cause the calculation of inflation based on the average consumption basket to give distorted information. Using the debit and credit card spending data of Turkey, this research builds CPI weights and computes an alternative pandemic consumption basket price index for Jan 2020–Feb 2021.

Disclaimer: All studies and research articles here presented are distributed by open sources. The publication and intellectual property rights (IPR) are entirely reserved for the authors and institutional sources. ACROSS Magazine accepts no liability for any infringement of IPR in any research material but will remove such material from public view in the event of an allegation of any such infringement.

Related

Top