British merchandise trade activity fell 2.8% year over year in June, driven by a 9.4% slump in trade with the EU for the month and 6.7% for 2Q overall. With just 80 days to go before a potential “hard Brexit” on Oct. 31, attention is turning to a renewed round of goods stockpiling. There was a 10.7% slump in imports from the EU in June compared to a year earlier and 8.0% for 2Q overall. The situation may be most challenging in the food industry where the Food & Drink Federation’s COO, Tim Rycroft, has indicated that “selective shortages” and “price rises” are possible in “the weeks and m...