UK trade gap widens

first_imgThursday 9 December 2010 4:52 am UK trade gap widens whatsapp Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBetterBe20 Stunning Female AthletesBetterBeSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definitionthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute John Dunne center_img Britain’s goods trade deficit with the rest of the world unexpectedly widened in October after imports rose to their highest on record, raising questions about trade’s contribution to future UK growth.Exports also rose strongly to their highest since May 2006 helped by oil sales, but were outpaced by the rise in imports which the Office for National Statistics said was driven by imports of chemicals from the European Union.The Office for National Statistics (ONS) said that Britain’s goods trade gap with the rest of the world widened to £8.5bn in October from an upwardly revised deficit of £8.3bn in September.Economists had forecast a deficit of 8.05 billion pounds.The goods trade gap with non-EU countries widened to £5bn from an upwardly revised £4.5bn. Analysts had forecast a deficit of £4.5bn.Exports have supported economic growth in the last two quarters of this year, accounting for half of the 0.8 percent growth recorded in the third quarter.The global goods trade deficit excluding oil and erratic goods was its highest since records began in 1992 at £8.2bn. Show Comments ▼ whatsapp Tags: NULLlast_img

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