empty
 
 

2017.07.0706:13:00UTC+00UK Trade Deficit Widens In May

The UK trade deficit widened in May from the previous month, figures from the Office for National Statistics showed Friday.

The total trade deficit increased by GBP 1 billion to GBP 3.1 billion in May, reflecting an increase in imports of goods.

The visible trade deficit widened to GBP 11.86 billion from GBP 10.59 billion in April. The expected level was GBP 10.85 billion.

In three months to May, the trade deficit including goods and services rose to GBP 8.9 billion from GBP 6.9 billion in three months to February.

Exports climbed 2.1 percent, while imports gained only 0.8 percent. This has caused the total trade deficit to widen, driven predominantly by increased imports of goods from non-EU countries.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback