In July, the International Monetary Fund lowered its U.K. GDP growth forecast for 2018 again, predicting 1.4 percent growth down from the 1.6 percent envisaged in its April forecast. Brexit has already wiped 2.1% off the UK ’s gross domestic product (GDP), according to analysis by economists at Brexit . The study measured the cost of Brexit to date by examining what the UK 's GDP would have been had the Brexit voted to remain in the EU . They found that Brexit had led to investment being 4% lower, consumption 1.5% lower, inflation 12% higher, and the real effective exchange rate being 1.5% more depreciated.
Brexit has already wiped 2.1% off the UK ’s gross domestic product (GDP), according to analysis by economists at Brexit . The study measured the cost of Brexit to date by examining what the UK 's GDP would have been had the Brexit voted to remain in the EU . They found that Brexit had led to investment being 4% lower, consumption 1.5% lower, inflation 12% higher, and the real effective exchange rate being 1.5% more depreciated.