Price inflation on online marketplaces during the Coronavirus pandemic in the UK 2020
The Coronavirus (Covid-19) pandemic has led to tectonic shifts in the retail sector in such a short period of time. With consumers rushing to the shops and online marketplaces to stock up on a variety of products, the usual prices have seen drastic spikes, especially on online marketplaces which allow 3rd party sellers to trade.
Between March 16-19, 2020, when the crisis was beginning to peak in so many countries, the listed price of hand lotion products on both eBay.co.uk and Amazon.co.uk saw great spikes, as a recent study revealed. The price of Carex hand lotion (250 ml) was listed as high as 100 British pounds by sellers on eBay's UK platform. The usual price of this product was only 1 British pound.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
Between March 16-19, 2020, when the crisis was beginning to peak in so many countries, the listed price of hand lotion products on both eBay.co.uk and Amazon.co.uk saw great spikes, as a recent study revealed. The price of Carex hand lotion (250 ml) was listed as high as 100 British pounds by sellers on eBay's UK platform. The usual price of this product was only 1 British pound.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.
