RSS   Newsletter   Contact   Advertise with us
Post Online Media
United Kingdom   Preliminary data from the Office for National Statistics

UK visible trade deficit decreased to 9.9 billion pounds

UK trade deficitUK merchandise trade deficit narrowed in December despite exports falling for the third straight month.

The visible trade deficit decreased to GBP 9.9 billion from GBP 11.5 billion in November, preliminary data from the Office for National Statistics showed.

Article continues below

READ MORE UK visible trade deficit widens more than expected in August

The trade in services resulted in a surplus of GBP 7.2 billion, which was lower than November's GBP 7.5 billion surplus. Consequently, the total trade deficit narrowed to GBP 2.7 billion from GBP 4 billion in November.

Overall exports declined 0.8 percent from the previous month and imports dropped 3.6 percent.




What to read next





More inside POST
 
 

We use cookies to ensure that we give you the best experience on our website. Please allow cookies for fully-functioning website.

Allow Cookies Privacy Policy