Statisticians grapple with inflation impact of Covid-19

- By FX Markets Staff
- @FXMarkets_
- 23 Apr 2020

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Statistical authorities are scrambling to adapt their processes for gathering inflation data, as standard approaches have been severely impacted by lockdown measures in response to the Covid-19 pandemic.

The standard approach to gathering inflation data has not changed much over the years. Statisticians design a basket of representative goods and services and then go out and gather their prices. The advent of e-commerce has shifted some of this work online but, before lockdown, a large number

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