Brexit Thread

[Husar]

The rapid decline in the value of the pound fuels inflation. And inflation was at 0.6%, and it almost doubled in a couple of months.

I didn't say that it doesn't, I said the effect can be delayed or that inflation numbers can be misleading as far as real inflation is concerned depending on how they're calculated or what you personally buy.

edit: okay, the "nothing to do with inflation" was a bad formulation in that regard.

Oh and the inflation does also not impact prices, prices impact inflation, so you can't say that imported goods can't become more expensive due to low inflation. The same can be true for locally produced goods since inflation is just an average, single items can have a lower or higher change in price.