Posts Tagged ‘imports’
UK trade deficit widens in May
The Office for National Statistics (ONS) has today revealed the UK’s trade deficit widened in May to £8.48 billion from a revised £7.6 billion in April. The figures surprised economists who had expected the trade gap to narrow to £7.3 billion. Meanwhile, the ONS said exports rose by 4.2% on a monthly basis to £25.4 [...]
German exports recover in May
Statistics office Destatis has today revealed German exports and imports recovered in May, giving a trade balance of €14.8 billion from €10.8 billion the previous month. According to Destatis, exports were 4.3% higher on the month at €92.1 billion (£82 billion), higher than forecasts of a 1.5% rise and recovering from April’s fall of 5.6%. [...]
China’s trade surplus rises in May on soaring imports
The Customs Agency has today reported slower growth in China’s exports, rising by 19.4% in May on an annual basis but much slower than the 29.9% rate in April. The rate was also less than the market forecast of a 21% increase. Meanwhile, imports surged by 28.4% on an annual basis – beating expectations of [...]