Tuesday, January 12, 2010
Trade gap narrows, house prices rise
Posted by David Smith at 12:00 PM
Category: Thoughts and responses

Britain's trade deficit in goods and services narrowed to 2.9 billion in November, from 3.1 billion in October. Export volumes edged up by 0.2% in November while imports dipped by 0.9%. A clear trend is, however, still hard to detect. More details here.

Meanwhile, the Department of Communities and Local Government reported its first 12-month increase in house prices, 0.6%, since mid-2008. November was strong, with prices up by 1.7%, after 0.5% in October.