Article ARB2 UK trade deficit narrows as exports rise

UK trade deficit narrows as exports rise

by
Katie Allen
from Economics | The Guardian on (#ARB2)

Economists said the narrowing boded well for overall growth after net trade was a drag on the economy in a slow first quarter to 2015

A jump in exports helped Britain's trade gap narrow to its smallest for a year in April, raising hopes that overall economic growth has rebounded from its slump at the start of 2015.

The Office for National Statistics (ONS) said goods exports rose and imports fell in April, helping the trade deficit to shrink by more than City economists had forecast and by the biggest amount since June 2013. At 8.6bn after 10.7bn the month before, it was the lowest deficit since March 2014.

Continue reading...mf.gif

rc.img
rc.img
rc.img

a2.img
ach.imga2t.imga2t2.img
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments