The UK continues to run a significant trade deficit, according to figures released by the ONS today.
The overall goods deficit for the month of May increased to £9.2bn, compared to £8.8bn in April. Industry analysts had forecast a goods deficit of £8.85bn, according to a Bloomberg survey of 18 economists. A rise of 0.6% in exports was offset by a rise of 1.7% in imports, largely due to imports of aircrafts.…
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