Box D: Measuring the effect of the cost-of-living crisis on low-income households
Max Mosley and
Tibor Szendrei
National Institute UK Economic Outlook, 2022, issue 6, 56-57
Abstract:
With wages failing to keep up with spiralling prices, poorly-timed tax rises, a benefits squeeze in real terms and government support schemes failing to cushion the income and inflation shocks, millions of households are facing a cost-of-living crisis.
Date: 2022
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