Fig. 5
Share of price adjustments. This figure shows the fraction of price increases and decreases (as a share of all prices observed) on a weekly basis (that is, a price change is observed if a price changes from 1 week to the next). Red bars are price decreases, and blue bars price increases. The bars are stacked, such that the total length of the bar indicates the total fraction of price changes per week. LD, P1, and P2, stand for lockdown, phase 1, and phase 2, respectively