Thread: Brexit (Old)
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Old 14-12-2018, 22:46   #5061
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Re: Brexit

Quote:
Originally Posted by Pierre View Post
You don’t get off that easy.

Show me evidence of 50% of the food we import will be more expensive.
Past history...

https://www.ft.com/content/84807466-...8-7a9fb7d6163e
Quote:
Britain imports about half of its food, mostly from the EU, and the supermarkets have passed on higher costs to shoppers after initially absorbing the fall in the pound to maintain market share.

Vegetable prices have risen by 5.7 per cent during the past year. Coffee, tea and cocoa prices were 8.5 per cent higher in October than the same time last year, while meat was 3.9 per cent more expensive.
https://www.independent.co.uk/news/u...-a7176156.html
Quote:
The price of pasta and other groceries has increased since the vote to leave the European Union, new data has shown.

The hikes are because of a weaker pound, which has made imported products - which the UK is highly dependent on - more expensive.

Price comparison website mysupermarket.co.uk, which compares all major UK stores, found the price of a shop rose by one per cent in July. In June, the price of 35 products was £82.83. However, following the Brexit vote, the same items cost £83.44...

..."A weaker pound will mean higher imported food value. I would say to government … [it] could easily be held to ransom by other parts of the world if there is a climatic disaster or if currency is weak.”
https://www.theweek.co.uk/77592/cost...blown/page/0/4
Quote:
Consumer prices rose on average by 1.6 per cent year-on-year, says the Office for National Statistics, up from 1.2 per cent in November and above a consensus forecast for a 1.4 per cent increase.

The figures show that the "fall in the pound since the Brexit vote was starting to feed into the economy", said the BBC.

Increasing food prices were a major contributor to the headline rate, an "ominous" sign that "years of falling food prices appear to be coming to an end"
Your links were forecasts/hypotheses/predictions*, my links are to actual events that happened.

*forecasts/hypotheses/predictions, when used by Government/BoE/economists, are rubbished by Brexiters**...

**including the poster quoted below

---------- Post added at 21:46 ---------- Previous post was at 21:45 ----------

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Quote:
Originally Posted by Sephiroth View Post
You still don’t get it. Leaving the EU frees us from their shackles. Releases us from the French dominated CAP. Frees us from Germany hegemony. Their food may cost us more if we import it; other people’s same food would cost us the same or less tariff free.

Sodding economic models mean very little given the variables and in many cases flawed assumptions.
You missed out "nasty" and "perfidious"...
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