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In brief ... Brexit: the impact on prices

Author

Listed:
  • Josh De Lyon
  • Swati Dhingra
  • Stephen Machin

Abstract

Following last year's referendum on the UK's membership of the European Union, there has been a significant rise in consumer prices, particularly food prices. Rising prices coupled with limited increases in nominal wages have led to the return of falling real wages. These are the early findings of research by Josh De Lyon, Swati Dhingra and Stephen Machin, which is analysing the first full data on what has happened to inflation in the wake of the referendum. The researchers have collated data on price inflation before and after the vote to explore whether there is any empirical connection between Brexit and consumer prices.

Suggested Citation

  • Josh De Lyon & Swati Dhingra & Stephen Machin, 2017. "In brief ... Brexit: the impact on prices," CentrePiece - The magazine for economic performance 518, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepcnp:518
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    File URL: https://cep.lse.ac.uk/pubs/download/cp518.pdf
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    Cited by:

    1. Polyzos, Stathis & Samitas, Aristeidis & Katsaiti, Marina-Selini, 2020. "Who is unhappy for Brexit? A machine-learning, agent-based study on financial instability," International Review of Financial Analysis, Elsevier, vol. 72(C).

    More about this item

    Keywords

    Brexit; food prices; wages;
    All these keywords.

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