Show news:


News feed and analytics

11.02.2019 17:00

UK total trade deficit widened in the three months to December 2018

According to the report from Office for National Statistics, the total trade deficit (goods and services) widened £0.9 billion to £10.4 billion in the three months to December 2018, due mainly to a £1.5 billion rise in goods imports.

Rising imports of cars, material manufactures and chemicals were the main contributors to the rise in goods imports in the three months to December 2018; this was offset in part by falling imports of unspecified goods (including non-monetary gold) and fuels.

The trade in goods deficit widened £1.6 billion with EU countries and narrowed £0.2 billion with non-EU countries in the three months to December 2018.

Excluding erratic commodities, the total trade deficit widened £3.8 billion to £12.9 billion in the three months to December 2018.

Removing the effect of inflation, the total trade deficit widened £0.6 billion to £7.1 billion in the three months to December 2018.

Market focus

  • Bundesbank: German growth to remain subdued at least in first half of 2019
  • EU will react swiftly if U.S. hits it with car tariffs - European Commission
  • Unemployment in the UK remained at 4%, as expected
  • Bank of Japan Governor Kuroda: BOJ policy does not have currency manipulation as its target
February 2019
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

QUOTES