Pantheon Macroeconomics - News yesterday that exports surged to a record high in April was leapt on as "evidence" that sterling's Brexit-related weakness already is having positive side-effects and that therefore the economy would be relatively unscathed by a Brexit. However appealing this explanation may sound, it is nonsense.

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10 June. April's 'Surge' in Exports Does Not Point to a Brexit Silver Lining

By Samuel Tombs

News yesterday that exports surged to a record high in April was leapt on as "evidence" that sterling's Brexit-related weakness already is having positive side-effects and that therefore the economy would be relatively unscathed by a Brexit. However appealing this explanation may sound, it is nonsense.

Posted: 10th Jun 2016 in 'UK Documents'

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