Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/282932 
Year of Publication: 
2023
Series/Report no.: 
IFS Report No. R245
Publisher: 
Institute for Fiscal Studies (IFS), London
Abstract: 
The recent surge in inflation, driven by spectacular increases in energy prices, has driven sharp falls in household living standards, huge government intervention to try to mitigate it, and serious policy headaches. As such it continues to be the backdrop behind many of the most pressing issues that will face Chancellor Hunt when he delivers his first Budget on 15 March. This short report analyses the latest outlook for inflation, how this varies across households and is impacted by the government's interventions on consumer energy prices, and the resulting effects on real earnings and benefit levels.
Subjects: 
Consumption and prices
Poverty, inequality and social mobility
Spring Budget 2023
Inflation
Inequality
Pay
Persistent Identifier of the first edition: 
ISBN: 
978-1-80103-126-4
Document Type: 
Research Report

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