Tuesday, March 13, 2007

Forex News: 13.03.2007 Trade in goods deficit narrowed in UK in January

The deficit of trade in goods narrowed in Great Britain in January to 6.2bln stg, the National Office of Statistics reported today. In December the deficit of trade in goods was 6.9bln stg (previously reported as 7.1bln). With the consideration of the previous data, the analysts expected the decrease to 7.0bln.

In January exports did not change, revealing the unchanged level of manufacturing. Imports fell by 0.7bln stg.

Non-EU trade deficit narrowed to 3.7bln stg in January, from 4.3bln in December. Exports rose by 0.4bln, while imports fell by 0.2bln pound sterling.


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