How are rising energy prices affecting the UK economy?

Dixon, Huw ORCID: https://orcid.org/0000-0002-9875-8965 2022. How are rising energy prices affecting the UK economy? [Online]. Economics Observatory: Economics Observatory. Available at: https://www.economicsobservatory.com/how-are-risin...

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Abstract

Higher costs of electricity, gas and petrol not only hurt households directly, but also indirectly as these fuels are key inputs in the production of almost all goods and services. In addition to pushing up inflation, the big rise in energy prices will reduce real GDP, real wages and productivity.

Item Type:	Website Content
Date Type:	Published Online
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HN Social history and conditions. Social problems. Social reform
Publisher:	Economics Observatory
Date of First Compliant Deposit:	29 November 2022
Last Modified:	01 Dec 2022 14:45
URI:	https://orca.cardiff.ac.uk/id/eprint/154562

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