The British Retail Consortium has also flagged that a no-deal Brexit will push up the price of food and household goods.
The cost of household staples, ranging from meat and cheese to school uniforms and drinking glasses, will substantially increase if there is no Brexit trade deal, my colleague Lisa O’Carroll writes.
In a report on the prospect of a no-deal Brexit, the British Retail Consortium (BRC) said the public should be aware that no deal will mean a hike in the prices of not just luxury goods but “ordinary household goods that every consumer has to buy and replenish”.
The BRC has calculated that beef, which is imported in huge quantities from the Republic of Ireland, will go up in price by 48%, with cheddar cheese, another staple imported from across the Irish Sea, expected to cost 57% more.
Oranges from Spain will cost 12% more, while the price of cucumbers will rise by 16%. Trousers imported from Italy will have a 12% levy slapped on them , porcelain kitchenware will also go up by 12% and drinking glasses made in Poland up 10%.
About half of all food consumed from restaurants or shops comes from the EU, with 30% of produce in supermarkets from the bloc.
You can read Lisa’s full report here: