Covid-19 hampers inflation measurement – Riksbank’s Ohlsson
Too soon to say whether consumption changes during pandemic will become permanent, official says
The Covid-19 pandemic is hampering how central banks and statistical agencies measure and interpret inflation data, one of the Swedish central bank’s deputy governors has said.
In a speech on June 17, Sveriges Riksbank’s Henry Ohlsson pointed to the statistical challenge the lockdowns are causing. “An obvious problem with inflation statistics has been that there are no prices for the goods and services that cannot be consumed at present,” said Ohlsson. “This of course creates problems when
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