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British consumers face price squeeze

Even before Britain’s decision to leave the European Union, households had seen disposable income grow more slowly. ||| London - Any British shoppers tempted by Apple's new iPhone are having to dig deeper into their pockets after June's Brexit vote as the US tech giant raised the sterling price by 60 pounds ($76) when the model went on sale on September 16. While US customers will pay the same as last year, the 11 percent price rise for Britons from the previous model almost exactly matches the amount by which the pound had fallen against the dollar since the vote to leave the European Union.
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