Sinking pound pours fuel on the fire of Britain's runaway prices - The Telegraph


5/1/2022 12:00:00 AM3 yearsago

Sterling has already dropped 8pc this year, pushing up inflation

The pound is currently down a smaller 3pc against a trade-weighted basket of all currencies. If sterling suffered similar falls against all currencies, it would add two percentage points to inflation… [+1823 chars]

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