Monday, December 11, 2006

Forex News: The deficit of trade in goods fell in October in the UK

Forex News

The deficit of trade in goods fell in October in the UK to 6.3bln stg from 6.7bln stg in September, the National Office of Statistics reported today. The index was expected to fall slightly, to 6.6bln stg.

It is important to note that exports fell in October by 0.1bln stg, which reflects the slowing of manufacturing activity in the country. Imports fell by 0.5bln stg.

The deficit of non-EU trade rose by 3.9bln stg in October, from 3.8bln stg in the preceding month.

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