4 ms·

Eurozone inflation: 8.1 UK inflation: 9.1 Eurozone core inflation: 3.8 UK core inflation: 5.9 Where would the price level increase caused by a labour shortage

• mytailorisrich 4y ago
  You are not explaining your rather bold claim that "most of UK inflation" is due to Brexit... Also note that the UK and the Eurozone obviously have different currencies. At the moment we see a small difference in inflation rates, and?
  • mmarq 4y ago
    - 2% in core inflation is not a small difference. It’s the average British worker losing 700£ a year more than the European - of course they have different currencies, that’s exactly what we are talking about, and also different governments. One busy sabotaging its supply chains and the other doing whatever - the UK has been having much more severe shortages than the rest of Europe (empty petrol stations everywhere bar NI?), that are having an impact on prices > You are not explaining your rather bold claim that "most of UK inflation" is due to Brexit... You are right, I should have said “much of the core inflation differential with the EU is due to Brexit” You are welcome