Brexit economy: inflation surge shows impact of vote finally beginning to bite

The latest monthly Guardian analysis finds the UK at a turning point as it heads into 2017

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Britain's vote to leave the EU is finally feeding through to the UK economy, according to a Guardian analysis that shows rising inflation is offsetting brisk trade for businesses.

Buoyant consumer spending, a low unemployment rate, rising house prices and continued growth for the country's dominant services sector point to a strong finish to the year, defying earlier forecasts from the Bank of England and others that the economy would grind to a standstill.

Related: How has the Brexit vote affected the UK economy? December verdict

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