Here is a selection of charts designed to challenge some of the shakier claims about the economic impacts of Brexit, including on the pound, investment, food prices, trade, and overall GDP. Many newspapers and magazines have published sets of charts to mark the tenth anniversary of the UK’s vote to leave the EU – most … Continue reading Six charts to mark “Brexit at 10”
Tag: food prices
It’s time to call out “Tesco derangement syndrome”!
One surefire way to harvest ‘likes’ on social media is to blame higher food prices on “greedy companies”. It is best to ignore the tediously repetitive posts from attention-seeking ‘engagement farmers’. But many people who might have some real influence are now pushing the ‘greedflation’ line too. Most strikingly, Sharon Graham, head of the Unite … Continue reading It’s time to call out “Tesco derangement syndrome”!
Red Sea crisis is unlikely to blow inflation off course
The disruption to shipping through the Red Sea – and the possibility of a further escalation of the Middle East crisis – are serious threats to the global economy. Nonetheless, the wider fallout should be limited. UK inflation might sink a little more slowly than it would otherwise have done, but it should continue to … Continue reading Red Sea crisis is unlikely to blow inflation off course
UK food price inflation set to fall sharply
First, the bad news. The lowlight of the latest UK inflation data was that the consumer price (CPI) measure of food price inflation jumped even further in March – to 19.1%. This contributed about 2.2 percentage points to the overall inflation rate of 10.1%. With ‘core’ inflation still stubbornly high (over 6%), food price inflation … Continue reading UK food price inflation set to fall sharply
Plain-speaking Economics 