Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

6th Oct 2022 14:29U.K., Daily Monitor

  • Sterling’s depreciation to date is too small to materially boost net trade or shrink the current account deficit.
  • Most exporters price in foreign currencies, due to their reliance on imports; competitiveness won't improve.
  • Britain’s demand for imports is price insensitive; firms won't invest in extra capacity to out-compete imports.

PDF

current account depreciation exporters imports net trade sterling trade

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research
 

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States

Eurozone

United Kingdom

China +

Emerging Asia

Latin America

Next

 
Consistently Right
Access Key Enabled Navigation
Keywords for: 7 Oct 2022 UK Monitor

current account, depreciation, exporters, imports, net trade, sterling, trade, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence