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

Karen Turner; Antonios Katris; Jamie Stewart; Hannah Corbett

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

Karen Turner, Antonios Katris, Jamie Stewart, Hannah Corbett

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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.

Original language	English
Place of Publication	Glasgow
Publisher	University of Strathclyde
Number of pages	4
Publication status	Published - 13 Oct 2022

Keywords

electricity prices
UK economics
gas price increases

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Turner-etal-CEP-2022-The-impacts-of-the-October-2022-gas-and-electricityFinal published version, 335 KBLicence: Strath_1

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title = "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",

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.",

keywords = "electricity prices, UK economics, gas price increases",

author = "Karen Turner and Antonios Katris and Jamie Stewart and Hannah Corbett",

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publisher = "University of Strathclyde",

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T1 - 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

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AU - Stewart, Jamie

AU - Corbett, Hannah

PY - 2022/10/13

Y1 - 2022/10/13

N2 - 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.

AB - 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.

KW - electricity prices

KW - UK economics

KW - gas price increases

M3 - Other report

BT - 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

PB - University of Strathclyde

CY - Glasgow

ER -

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

Abstract

Keywords

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Cite this