Brexit is responsible for a third of UK food price inflation since 2019, according to research by the London School of Economics that undermines efforts by the government to show the EU divorce has benefited Britain.
Regulatory, sanitary and other border checks added almost £7 billion ($8.7 billion) to total domestic grocery bills over the period from December 2019 to March 2023 — or £250 per household, economists at the LSE’s Centre for Economic Performance said. Prices rose by 25% over the period rather than the 17% they would have gained if Britain had stayed in the EU single market, they said.
Read More : LSE Paper Reveals Brexit as Cause of One-Third of UK Food Price Inflation