Brexit has already wiped 2.1 % off the UK ’s gross domestic product ( GDP ) , according to analysis by economists at UBS . The study measured the cost of Brexit to date by examining what the UK 's GDP would have been had the UK voted to remain in the EU . They found that Brexit had led to investment being 4 % lower , consumption 1.7 % lower , inflation 2 % higher , and the real effective exchange rate being 12 % more depreciated .
Brexit has already wiped 2.1% off the UK’s gross domestic product (GDP), according to analysis by economists at UBS. The study measured the cost of Brexit to date by examining what the UK's GDP would have been had the UK voted to remain in the EU. They found that Brexit had led to investment being 4% lower, consumption 1.7% lower, inflation 1.5% higher, and the real effective exchange rate being 12% more depreciated.