The Mudcat Café TM
Thread #162855   Message #3896245
Posted By: Keith A of Hertford
29-Dec-17 - 05:32 AM
Thread Name: BS: Post Brexit life in the UK
Subject: RE: BS: Post Brexit life in the UK
DMcG
. In the context of around 14% devaluation.

The devaluation is old news and it is no longer causing inflation.

Guardian last month cherry picked,
"UK economy has been steadied by static inflation and rising exports as uncertainty of Brexit looms larger and larger"

"Households continue to feel the squeeze from inflation, prompted by the weak pound since the Brexit vote, but the rate at which prices rose in the UK stayed at 3% despite expectations of a further increase."

"Official figures appear to show England becoming a happier place in the year since the Brexit vote"
https://www.theguardian.com/business/2017/nov/28/the-brexit-economy-is-the-worst-of-the-2017-slowdown-over