Snap, crackle, and pop: understanding inflation and how it is measuredEconomists and commentators love to use movement-related words when describing the economy. Is the economy speeding up or slowing down…Nov 25, 2022Nov 25, 2022
How inflation exacerbates the great attritionMany fascinating analyses (e.g., here) have started to better understand the underlying causes of “the great attrition” — i.e., workers…Oct 21, 2022Oct 21, 2022
Visualising UK inflation: three (interlinked) forces at work[Note: since Medium doesn’t allow a sufficiently high-resolution picture to be uploaded, I’ve also provided a PDF file (which one can zoom…Oct 20, 2022Oct 20, 2022
Post-pandemic GDP growth in UK’s different sectors is divergingThe more I listen to commentary on UK GDP figures, the more convinced I am that, to make more sense of them, we need to delve beyond the…Oct 17, 2022Oct 17, 2022
Waning momentum in key sectors of the UK economyThe most important thing to say about the UK’s economic outlook is that it remains extraordinarily uncertain. Nevertheless, the latest news…Sep 13, 2022Sep 13, 2022
The economic outlook as of autumn 2022 in one chartI like a #dataisbeautiful chart that tells a story, and this one is unequivocal.Sep 2, 2022Sep 2, 2022
Working from home increases productivity, but is much more nuanced than you might thinkInspired by a flurry of interesting new research on working from home (see below), I couldn’t resist looking at the data myself. In the UK…May 12, 2022May 12, 2022
Capital concerns: slower growth in assets is weighing on UK’s productivity growthThe role of capital in enhancing labour productivity — the output delivered by each worker per hour worked — is a core feature of how…May 9, 20221May 9, 20221
Manufacturing and healthcare businesses particularly squeezed by inflationAs households start to feel the impacts of consumer price increases on their financial resilience, inflation is also squeezing businesses’…May 6, 2022May 6, 2022
Inflation is starting to impact the most financially-resilient age groupsAs the UK population contemplates the implications of the cost of living crisis, the latest ONS data on households’ financial resilience…May 4, 2022May 4, 2022