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The UK still has access to those markets. The problem is not that we can't import goods, but that there are fewer goods to import and they are being sold at hig
by Veen 4y ago
The UK still has access to those markets. The problem is not that we can't import goods, but that there are fewer goods to import and they are being sold at higher prices.
For example, in January, food inflation in France was 14.8% and in the UK it was slightly lower at 13.3% and the OECD rate was 15.2%. It's not a Brexit problem; it's a production problem.
- https://tradingeconomics.com/france/food-inflation https://tradingeconomics.com/france/food-inflation
- https://www.theguardian.com/business/2023/jan/04/record-133-uk-food-inflation-raises-fears-of-another-difficult-year https://www.theguardian.com/business/2023/jan/04/record-133-...
-https://www.ons.gov.uk/economy/inflationandpriceindices/articles/recenttrendsinukfoodanddrinkproducerandconsumerprices/january2023 https://www.ons.gov.uk/economy/inflationandpriceindices/arti...
- mjburgess 4y agoIt's not a problem caused by brexit; it's just a problem made less severe by zero-trade barriers with the countries you're importing food from. The UK is one of the most import-dependent nations in europe, and the world; it's easy to give good reasons to suppose had the UK been in the EU it would have seen below-average inflation.
- hypertele-Xii 4y agoWhen food starts to run out, governments serve their own people first. This is also true for the EU. If there's not enough to go around, the UK simply won't get to buy any.
- Veen 4y agoThat's true, except when food starts to run out, the French government will serve the French people, the Spanish government will serve the Spanish people, and so on. You're nuts if you think the Spanish are going to ship food they desperately need to Hungary because they're both in the EU.
- hypertele-Xii 4y agoIsn't that exactly what's happening with energy right now? I live next to a hydro plant that isn't even maxed at capacity and my electricity bill is like 8x what it used to be, simply because they "have to" sell energy at the whole EU market because someone somewhere desperately needs it.