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- The total UK trade deficit widened £4.7 billion to £8.6 billion in the three months to June
The total UK trade deficit widened £4.7 billion to £8.6 billion in the three months to June
The total UK trade deficit widened £4.7 billion to £8.6 billion in the three months to June 2018, due mainly to falling goods exports and rising goods imports.
Removing the effect of inflation, the total trade deficit widened £4.1 billion in the three months to June 2018; falling goods export volumes were the main factor as prices generally increased.
The trade in goods deficit widened £2.9 billion with countries outside the EU and £2.6 billion with the EU in the three months to June 2018.
Falling car and aircraft exports and rising imports of unspecified goods (including non-monetary gold) to and from non-EU countries were the leading factors in the widening of the total trade deficit in the three months to June 2018.
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