The UK visible trade deficit widened in November, data published by the Office for National Statistics showed Wednesday.
The visible trade deficit rose to GBP 12.23 billion in November from GBP 11.67 billion in October. The expected level of shortfall was GBP 10.95 billion.
The deficit with EU countries totaled GBP 7.56 billion and that with non-EU countries was GBP 4.67 billion.
The total trade deficit came in at GBP 2.80 billion versus GBP 2.27 billion shortfall in the previous month.
Data also showed that trade deficit narrowed by GBP 2.1 billion to GBP 6.2 billion in the three months to November. This was due mainly to goods exports, which increased 2.6 percent to GBP 87.6 billion
The material has been provided by InstaForex Company – www.instaforex.com
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
