Hacker News new | ask | show | jobs
by graemep 480 days ago
GDP is adjusted for inflation.

Some trade barriers have also been lowered since Brexit, reducing costs - e.g. EU protectionist tariffs and quotas on things such as oranges and rice which reduces the cost of living.

The effects of Brexit are tiny compared to the lingering effects of Covid, and the increase in global prices caused by the invasion of Ukraine.