Arab Today, arab today britains trade deficit widens to £28bn in september
Last Updated : GMT 05:27:22
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Britain's trade deficit widens to £2.8bn in September

Arab Today, arab today

Arab Today, arab today Britain's trade deficit widens to £2.8bn in September

Britain's trade
London - XINHUA

British deficit on trade in goods and services was estimated to have been 2.8 billion pounds (4.43 billion U.S. dollars) in September, significantly more than the 1.8 billion pounds recorded a month earlier, the Office for National Statistics (ONS) said Friday.
Britain registered a 9.8 billion pounds deficit on goods trade, and an estimated surplus of 7 billion pounds on services in September, data showed. The trade in goods deficit widened by 0.9 billion pounds compared with August 2014.
Between the second quarter and third quarter of 2014, the trade in goods deficit widened by 0.9 billion pounds to 29 billion pounds, of which exports fell by 0.3 billion pounds, whilst imports rose by 0.6 billion pounds, figures showed.
Germany remains Britain's largest trading partner in terms of value of goods exported and imported, said ONS, though Britain recorded its largest ever deficit with Germany.
Britain's trade surplus with the United States reached its lowest level in almost eight years, it added. (1 pound = 1.58 U.S. dollars)

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