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Causes for inflation in UK

Updated: 8/23/2023
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Wiki User

13y ago

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After the financial crisis hit, the pound devalued relative to the euro. The UK imports a lot. That seems to have kept inflation in the system. Recent VAT increases - notably on fuel - may be pushing the inflation rate up now.

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13y ago
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15y ago

because of aggregate demand

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Q: Causes for inflation in UK
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