Are companies making more money from their customers?

More or Less: Behind the Stats

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1M ago 8:57

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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

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#Facts and Trivia #Science #BBC #BBC Radio 4 #Business