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Farm Machinery
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Brexit machinery prices
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<blockquote data-quote="Jim Bullock" data-source="post: 4443250" data-attributes="member: 97"><p>As the BREXIT negotiations flounder on, the pound will probably weaken further (last weeks interest rate rise was probably aimed at strengthening the pound) so I am afraid machinery prices will increase. Some products we import have gone up by 20% since the BREXIT vote and we have had to absorb some of that. </p><p>I hear the 'Well buy British cry" but many British machines incorporate a lot of imported components, and they will increase in price.</p></blockquote><p></p>
[QUOTE="Jim Bullock, post: 4443250, member: 97"] As the BREXIT negotiations flounder on, the pound will probably weaken further (last weeks interest rate rise was probably aimed at strengthening the pound) so I am afraid machinery prices will increase. Some products we import have gone up by 20% since the BREXIT vote and we have had to absorb some of that. I hear the 'Well buy British cry" but many British machines incorporate a lot of imported components, and they will increase in price. [/QUOTE]
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