Older and poorer households are facing much higher average inflation rates than younger and richer ones, as the former have tended to suffer most from continued high annual inflation in food and domestic energy costs, while the latter have tended to benefit most from cuts in mortgage rates and falling motor fuel bills, according to a new analysis of official data that is being launched as part of the ESRC Festival of Social Science today.
Authors
Zoe Oldfield
Zoe is Head of Data Services. She joined the IFS in 1998 as a researcher and moved into Data Services in 2011.
Cormac O'Dea
Cormac is a Research Associate of the IFS, an Assistant Professor of Economics at the Yale University and Research Fellow at the NBER.
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