Loading…
Sterling continued to slide on the foreign exchanges as fears grew that Boris Johnson could take Britain out of the EU without a deal. Economists warned that a weaker pound would push up import prices and consumer inflation.
The article covers the cost-of-living effects of currency weakness.
A weaker pound raises UK import costs, which can affect UK demand for imported feed ingredients and the currency-driven pricing of dollar commodities. The impact is modest.
theguardian.comRichard PartingtonJul 30, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
