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UK inflation hits two-year high in November as economists warn of higher prices to come
Prices in Britain are expected to go up with Brexit. New figures show prices up 1.2% in the year to November 2016, up from 0.9% in the year to October, according to the Office of National Statistics. Economists expect this to go up rapidly to 2% by the end of March 2017, to reflect higher prices for oil following the sharp drop in the value of the pound. A big increase in clothing imported from overseas, as well as other consumer prices are also pushing up inflation.
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Inflation in Britain following Brexit vote in 2016
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Grouped Articles
Unilever Price Rises Herald Brexit Pain for British Consumers
WSJ 10/13/2016
Brexit Court Ruling Further Clouds the Horizon for Companies
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UK inflation hits two-year high in November as economists warn of higher prices to come
The Telegraph 12/13/2016
UK inflation hits two-year high in November as economists warn of higher prices to come
The Telegraph 12/13/2016
Sterling’s Brexit Slide Sends U.K. Inflation to Two-Year High
WSJ 12/13/2016
U.K. Job Numbers Raise Concerns for Economy After Brexit Vote
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UK inflation
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Grouped Articles
UK inflation hits two-year high in November as economists warn of higher prices to come
The Telegraph 12/13/2016
Sterling’s Brexit Slide Sends U.K. Inflation to Two-Year High
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UK inflation hits two-year high in November as economists warn of higher prices to come
The Telegraph 12/13/2016
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