Friday, February 09, 2007

Forex News: 09.02.2007 UK trade deficit widens to 7.1 bln pounds

British goods trade deficit has widened in December to 7.1 billion pounds from 6.9 billion pounds in November.

The balance with the EU countries has also increased to -GBP 2.8 billion from -GBP 2.5 billion the month before to offset the slight improvement on the deficit with the non-EU countries which decreased to - GBP 4.3 billion from -GBP 4.4 billion in November.

The overall trade deficit for the entire 2006 year grew to -GBP 55.8 billion from - GBP 44.6 billion the previous year.


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