Britain: Europe, The Price Of Goods Is Ten Percent Off.

The devaluation of sterling brought about by Europe has begun to affect the price of domestic goods.

Media reporters yesterday signed an agreement with the British Trade and investment agency, which has introduced a large number of British products to show that the decline in the pound's exchange rate has driven down the price of British domestic products in the past two days, which is generally equivalent to ten percent off.

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The price of goods in Europe, especially in Britain, has declined, which is basically consistent with the trend of exchange rate. Due to the change of total price, the corresponding taxes and fees have also been slightly reduced. According to the reporter, some private purchasing agents are still selling goods in stock, so the British goods are now sold.

There is no obvious change, but the seller has said that if the amount of purchase can be appropriately discounted, "the inventory on hand can be reduced to new products with low exchange rate."

It is understood that in 2014, Xiu Xiu network has established a British subsidiary. In October last year, it was also signed by the British Trade and investment department and the British Embassy in China to sign memorandums to provide electronic business platform for bulk British brands to enter the Chinese market. Therefore, they are also one of the most complete domestic suppliers of goods in the UK.

Wang Qing, senior vice president of Xiu Xiu net, told reporters yesterday that Britain

Products occupy a large part of their business, and this time Britain's impact on Europe is also shocking.

He analyzed that in the short term, the decline in the pound's exchange rate strengthened the attractiveness of the price of British goods, such as the sales of their branded brands L.K.Bennet and Fred Perry, which have recently increased rapidly and basically doubled.

However, in his view, the far-reaching impact of Britain's departure from Europe on domestic electricity suppliers is more noteworthy, because in the long run, off Europe is a "no return", sooner or later, it will affect more EU countries and weaken the EU's economic strength, which will bring about changes in the pattern of international trade.

After the new tax administration, consumers have begun to accept new prices gradually. In fact, the enthusiasm for shopping has not been reduced. Therefore, the weakening of the European currency exchange rate on the domestic consumer market will be very considerable, and the introduction of more European commodities will continue to promote the pformation of the domestic consumption pattern.

In this regard, some overseas purchasing agents also indicated that the decline in the exchange rate in Europe, especially in the UK, has indeed led to the trend of hot commodities in these areas. For example, the sales volume of the European version of the milk powder has been significantly improved.