The goods and services trade deficit narrowed to £2.3 billion in August, from £2.6 billion in July, while the deficit on goods came down from £6.4 billion to £6.2 billion. Mildly encouraging data, though in August itself imports rose faster than exports. More here.

Producer price inflation turned positive, with a 12-month rise of 0.4% in output prices, 1.4% on 'core' output price inflation. Input prices were 6.5% lower than a year earlier, suggesting some rebuilding of margins. More here. Also today, the FT Acadametrics house price index rose by 0.6% in September, for a 12-month fall of 5.6%.