Effects of Inflation a Month After Brexit Vote

The video discusses the impact of Brexit on the UK economy, highlighting a rise in inflation, particularly affecting manufacturing and exchange rates. Import costs have increased, affecting raw materials and consumer prices. Inflation is expected to rise further, with food prices likely to increase due to a weaker pound. The Bank of England's forecasts align with current trends, but inflation may exceed their predictions. The UK economy is entering a period of prolonged price increases, with inflation potentially surpassing 3% next year.

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