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Better communication needed to tackle gaps in understanding of economic statistics

Better communication needed to tackle gaps in understanding of economic statistics

By Staff Writer

Better communication needed to tackle gaps in understanding of economic statistics25 November 2020 | Rebecca HillEconomic measures affect our lives in many ways. The economic concepts the researchers looked at, such as inflation or interest rates, each have an impact on us. This research, carried out by the Economic Statistics Centre of Excellence (ESCoE), as part of the research programme of the Economic Statistics Centre of Excellence, can help Full Fact and others identify where to focus our efforts. It looked at a range of economic measures, including unemployment, trade and government deficit. We know how complex these economic concepts are, but they are vitally important to us all, especially now.