Article 1GMJB UK trade deficit falls after record rise in exports

UK trade deficit falls after record rise in exports

by
Phillip Inman Economics correspondent
from Economics | The Guardian on (#1GMJB)

Goods exports volumes climbed by 11.2% in April, the biggest monthly increase since records began in 1998

A record jump for Britain's goods exports helped the country's trade deficit fall more than expected in April.

Coming after a set of healthy figures from the high street and the manufacturing sector, the trade figures showed the UK economy had steadied ahead of the EU referendum, following a wobble in the first three months of the year.

Related: UK trade deficit with EU hits new record

Related: What would Brexit mean for UK trade deals?

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