Inflation

[vetran]

I see the UK trade deficit has hit a new record of £27.9billion for 2022Q2
https://www.ons.gov.uk/economy/natio...uktrade/latest

• Removing the effect of inflation, the total trade deficit excluding precious metals narrowed by £2.4 billion to £22.6 billion in Quarter 2 2022.

Hmm

[WTFH]

Hmm

Yes, removing the effects of Brexit and the pound slumping against major currencies, we’re probably flying high. Unfortunately, the figure is the figure, even when you try to sugar coat it.

[vetran]

Yes, removing the effects of Brexit and the pound slumping against major currencies, we’re probably flying high. Unfortunately, the figure is the figure, even when you try to sugar coat it.

Actually it was the ONS suggesting we do that.

[WTFH]

Actually it was the ONS suggesting we do that.

No, the ONS was showing that IF we didn't have the highest inflation rate in the G7 then things would be not quite as bad.