• UK's trade balance deficit increased sharply

Noticias del mercado

7 octubre 2016

UK's trade balance deficit increased sharply

The UK's deficit on trade in goods and services was estimated to have been £4.7 billion in August 2016, a widening of £2.5 billion from July 2016. Exports increased by £0.1 billion and imports increased by £2.6 billion.

The deficit on trade in goods was £12.1 billion in August 2016, widening by £2.6 billion from July 2016. This widening reflected an increase in exports of £0.1 billion to £25.8 billion and an increase in imports of £2.7 billion to £37.9 billion.

Between the 3 months to May 2016 and the 3 months to August 2016, the total trade deficit for goods and services widened by £3.6 billion to £12.6 billion.

Between the 3 months to May 2016 and the 3 months to August 2016, the deficit on trade in goods widened by £3.3 billion to £34.5 billion. Exports increased by £0.9 billion (1.2%) and imports increased by £4.2 billion (4.0%).

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