Are companies making more money from their customers?
We investigate claims companies鈥� markups are eight times bigger than they were forty years ago
Recent reports claimed the average global mark-up, the difference between the price of production and the price that product is sold for, rose from 7% in 1980 to 59% by 2020.
So is this true? Are some companies choosing to charge us more than ever for their products?
We investigate the accuracy of these claims, and which companies are responsible with the help of Jan Eeckhout a Professor of Economics at Pompeu Fabra University in Barcelona
Presenter: Kate Lamble
Producer: Beth Ashmead Latham
Production co-ordinator: Katie Morrison
Sound mix: Neil Churchill
Editor: Richard Vadon
Podcast
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More or Less: Behind the Stats
Tim Harford investigates numbers in the news: are they always reliable?
