The row over Marmite has highlighted the sensitivity of the price of everyday items to fluctuations in the value of the pound. Analysts believe retailers are likely to see an increase in cost prices on clothing of between 8% and 10% by next year. WineWith 99% of all wine consumed in the UK imported, prices of one of the UK’s favourite tipples are expected to rise considerably. PetrolOil is priced in dollars, and so the price of petrol at the pump in the UK has already risen. Priced in dollars, cost prices are likely to rise significantly for retailers and suppliers.

Source: The Guardian October 13, 2016 19:04 UTC