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Something for your Espresso: Don’t count on Britain leading the neighbours into the abyss

After a shocking CPI report from the UK, one may ponder whether British exceptionalism carries the day or whether we have more price pain in store for the continent. We hold our ground and remain in the "CPI is deaccelerating fast" camp
2023-04-20

 

It is truly disheartening to witness the current state of the British economy, and the release of yesterday’s CPI data only exacerbates the situation. As if the citizens of the UK weren’t already burdened enough by the existing price levels, this table adds insult to injury, further highlighting the challenges facing Westminister:

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