Irish companies risk being dragged down by the UK’s economic spiral

Ireland will import some of Britain’s increasingly grim economic woes, even if we import fewer goods post-Brexit.

Ears of stagflation – where high inflation is associated with low or no growth – are now gripping the UK after Citigroup predicted price increases could hit 18.6 percent in January, an outcome that would trigger rate hikes of up to 7 percent could, analysts said.

https://www.independent.ie/business/brexit/irish-businesses-risk-being-dragged-down-by-uks-spiralling-economy-41929792.html Irish companies risk being dragged down by the UK’s economic spiral

Fry Electronics Team

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