How Brexit has raised UK food prices

Some products imported to the UK from the European Union have been more affected by the post-Brexit trading rules than others. Jan David Bakker, Nikhil Datta, Josh De Lyon, Luisa Opitz and Dilan Yang find that leaving the single market and customs union has led to a 6% rise in food prices in the UK.

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Bibliographic Details
Published inIDEAS Working Paper Series from RePEc
Main Authors Bakker, Jan David, Datta, Nikhil, De Lyon, Josh, Opitz, Luisa, Yang, Dilan
Format Paper
LanguageEnglish
Published St. Louis Federal Reserve Bank of St. Louis 01.01.2022
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Summary:Some products imported to the UK from the European Union have been more affected by the post-Brexit trading rules than others. Jan David Bakker, Nikhil Datta, Josh De Lyon, Luisa Opitz and Dilan Yang find that leaving the single market and customs union has led to a 6% rise in food prices in the UK.