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Inflation in UK is twice as high in the US.
by actionablefiber 4y ago
Inflation in UK is twice as high in the US.
- christkv 4y agoInflation in the uk is a combination of inflation and weaker pound. Most food is imported from abroad.
- actionablefiber 4y agoBy the logic of the person I was replying to: Britain has a weak currency and also Brexit. America has a strong currency and also no Brexit. So perhaps these things are related?
- christkv 4y agoEvery currency is weak against the usd right now due to flight into us treasury bonds for safety. Spain who is self sufficient on food will post between 7,5 and 10 inflation this year.
- actionablefiber 4y ago> Spain who is self sufficient on food will post between 7,5 and 10 inflation this year. That range is significantly lower than 16.2%.