Research and analysis. Impact of a sterling depreciation on the costs of a family shop on food, non-alcoholic drink, clothing and footwear

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Series Details May 2016
Publication Date 22/05/2016
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An analysis on the rising cost of a family shop from a fall in the value of sterling. It was published as part of the UK Government's EU Referendum campaign in May 2016.

The analysis showed that that a fall in the value of sterling of more than 10%, caused by uncertainty after a vote to leave, would put upward pressure on the price of imports – after two years this would push up the annual costs of everyday items by more than £220 for a family of four.

Source Link Link to Main Source https://www.gov.uk/government/publications/impact-of-a-sterling-depreciation-on-the-costs-of-a-family-shop-on-food-non-alcoholic-drink-clothing-and-footwear
Related Links
ESO: In Focus: Brexit - The United Kingdom and the European Union http://www.europeansources.info/record/brexit-the-united-kingdom-and-the-european-union/
UK: GOV.UK: HM Treasury: News, 22.05.16: PM: Family shopping could rise by £220 a year after a vote to leave https://www.gov.uk/government/news/pm-family-shopping-could-rise-by-220-a-year-after-a-vote-to-leave

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