212View
3m 11sLenght
1Rating

Even though there is considerable uncertainty around the exact conditions of a potential Brexit, most of the attempts to quantify the economic impact of leaving the EU on the UK economy provide negative results. Estimates by Euromonitor Macro Model show long-term GDP decline of 2% relative to a baseline, raising the unemployment rate and causing higher inflation due to depreciated pound. The possibility of ceasing EU membership is already having a short-term effect on the UK economy. Find out more insights in Euromonitor International's quarterly strategy briefing series: http://www.euromonitor.com/global-economic-forecasts-q1-2016/report