Wednesday, December 09, 2009
No export led recovery yet
Posted by David Smith at 10:00 AM
Category: Thoughts and responses

Britain's overall trade deficit widened to 3.2 billion in October, from 3.1 billion in September, though the latter was revised down from an original estimate of 3.5 billion. The trade deficit in goods increased from 6.9 billion to 7.1 billion. Exports are doing pretty well, up by 3.8% in volume between September and October, but this was outstripped by a 4.1% increase in imports. More here.