Posts Tagged ‘narrowed’
UK trade deficit narrows in April
The Office for National Statistics (ONS) has today revealed the UK’s trade deficit narrowed more than expected in April – attributed to a sharp fall in consumer goods. According to the ONS, the global goods trade gap narrowed to £7.38 billion in the month from £7.70 billion in March – lower than the £7.55 billion [...]
US imports and exports down in January
The Commerce Department today announced a fall in US imports and exports, resulting in an unexpected fall in the trade deficit.
According to official figures, exports in January dipped 0.3% to $142.7 billion, with less machinery, agricultural products and civilian aircraft sold.
Meanwhile, imports slumped 1.7% in the world’s largest economy, to $180 billion, partly due [...]
UK exports jump in November, boost hopes of end to recession
Further good news for the UK economy emerged today after the Office for National Statistics (ONS) said exports in November soared to £20.2 billion – the highest since October 2008.
The rise was fuelled by sales of consumer goods and chemicals, according to the ONS.
The ONS said that Britain’s global goods trade gap narrowed from £7 [...]