Is Brexit behind the UK's inflation shock?

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Is Brexit behind the UK's inflation shock?
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Some claim leaving the EU may be to blame for the UK's stubbornly high inflation, but it's a complex picture.

The shockwaves triggered by the impact of Russia's invasion on food and energy bills have been felt globally. But inflation in the UK has climbed faster and been more stubborn than in the US and EU.

compared how the prices of some of those items rose compared with those of food from elsewhere. The differences may reflect other factors, and may not be purely down to Brexit. So while Brexit may not have been the biggest reason for our surging food inflation, the higher costs it added may have played a significant part.

The remainder of post-Brexit import checks and formalities on items brought into the UK to guard against risks to animal health and food fraud are due to be phased in from October, after they were postponed during the pandemic. Every consignment of goods in such medium- and high-risk categories entering the UK will face a new charge at border posts of up to £43.

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