The impacts of the October 2022 gas and electricity price increase on the UK economy and the cost of living for different household income groups

Turner, Karen and Katris, Antonios and Stewart, Jamie and Corbett, Hannah (2022) The impacts of the October 2022 gas and electricity price increase on the UK economy and the cost of living for different household income groups. University of Strathclyde, Glasgow.

[thumbnail of Turner-etal-CEP-2022-The-impacts-of-the-October-2022-gas-and-electricity]
Preview
Text. Filename: Turner_etal_CEP_2022_The_impacts_of_the_October_2022_gas_and_electricity.pdf
Final Published Version
License: Strathprints license 1.0

Download (342kB)| Preview

Abstract

Based on economy-wide scenario simulation analysis, this brief sets out how the increase in gas and electricity prices in October 2022 impacts across the UK economy. In particular it looks at the consequences for household incomes and spending power in different household income groups.

Persistent Identifier

https://doi.org/10.17868/strath.00082776