Are companies making more money from their customers?
More or Less: behind the statistics
Saturday, 17 August 2024 - 9 minutes
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 BarcelonaPresenter: Kate Lamble
Producer: Beth Ashmead Latham
Production co-ordinator: Katie Morrison
Sound mix: Neil Churchill
Editor: Richard Vadon
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