Comment on UK businesses still ‘reluctant to invest’ over Brexit and interest rates
Syldon@feddit.uk 11 months agowhy do they publish them then?
To show how you are doing compared to the previous month. It does not show you how you are doing in comparison to everyone else; it is a comparison to your own market.
How did brexit affect France and Germany? There are no import controls from the EU to the UK
OFC there is, have you seen the massive lorry park at Dover? They also have extra costs with paperwork. This is as well as the economy being shrunk by the loss in UK trade.
bernieecclestoned@sh.itjust.works 11 months ago
No it is not. You are talking nonsense. It’s used for both, it’s an easy way to compare differences in confidence across regions
Why are they all published by country then? For fun?
www.google.com/search?q=pmi index by country&…
Show me some stats about trade rather than some hysterical nonsense about a lorry park
Suggesting that Germany and France have been affected by brexit is nonsense. Covid supply shock and the Russian invasion and resulting sanctions on Russian energy dwarfs any brexit disruption from 2021
jabjoe@feddit.uk 11 months ago
PMI is a relative measurement. You can’t use it to do absolute comparisons.
It’s the same nonsense as Sunak saying we can take the foot of the peddle of NetZero because we have improved a load. We are not doing better than the others, we just improved the most, because we started so badly.
www.bbc.co.uk/programmes/m001qtb0
bernieecclestoned@sh.itjust.works 11 months ago
Sure, you’re right and the experts are wrong.
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Syldon@feddit.uk 11 months ago
PMI is a comparison to YOUR previous month.. When your data point is your own economy then that has no relation to anyone else’s. The EU is in contraction because of the massive upheaval that has taken place in recent years. The EU was massively weakened by Brexit, and compounded with a pandemic. This was further exacerbated by the energy supply disruption, which in turn affect mainland EU countries more than the UK.
You are using one short term internal data point to prove an argument for something that happened in 2020 across many countries. It shows nothing but your ignorance on the subject.
jabjoe@feddit.uk 11 months ago
When invoking experts (thought you Brexiteers had enough of experts), you should reference you sources. But that map doesn’t have Britain standing out from Europe. Brexit has damaged the EU and Britain. It hurt us worse, but has hurt them too.