EEF optimistic over exports increase

Posted on 9 Nov 2011 by The Manufacturer

In an EEF blog released today by Felicity Burch, growth in UK exports to markets outside of Europe is pinpointed as a reason to be optimistic, despite the widening trade deficit.

The report comes after the Office for National Statistics (ONS) released a report this morning showing a widening deficit on trade in goods. The deficit rose from £8.6 billion in August, to £9.8 billion in September. The figure makes September’s deficit the highest on record since the series started in 1998. Total goods imports surged…

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