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exiges

Trade Deficit Widens To £3Bn

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http://www.statistics.gov.uk/cci/nugget.asp?id=199

The UK’s deficit on trade in goods and services was £3.0 billion in March, compared with a deficit of £2.7 billion in February, (originally published as a deficit of £2.4 billion).

The surplus on trade in services was estimated at £4.7 billion in March, compared with a surplus of £4.3 billion in February.

The deficit on trade in goods widened to £7.7 billion in March, compared with a deficit of £7.0 billion in February (originally published as a deficit of £6.8 billion). Exports fell by £0.1 billion but imports rose by £0.5 billion.

The deficit on trade in goods with EU countries narrowed to £3.2 billion in March, compared with a deficit of £4.2 billion in February. Exports rose by £1.2 billion and imports rose by £0.2 billion.

The deficit on trade in goods with non-EU countries was £4.5 billion in March, compared with a deficit of £2.8 billion in February. Exports fell by £1.3 billion but imports rose by £0.4 billion.

Excluding oil and erratic items, the volume of goods exports fell by 3.4 per cent and the volume of goods imports fell by 0.4 per cent, compared with February.

Export prices of goods rose by 1.1 per cent and import prices of goods rose by 1.8 per cent, compared with February.

Edited by exiges

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http://www.statistics.gov.uk/cci/nugget.asp?id=199

The UK’s deficit on trade in goods and services was £3.0 billion in March, compared with a deficit of £2.7 billion in February, (originally published as a deficit of £2.4 billion).

The surplus on trade in services was estimated at £4.7 billion in March, compared with a surplus of £4.3 billion in February.

The deficit on trade in goods widened to £7.7 billion in March, compared with a deficit of £7.0 billion in February (originally published as a deficit of £6.8 billion). Exports fell by £0.1 billion but imports rose by £0.5 billion.

The deficit on trade in goods with EU countries narrowed to £3.2 billion in March, compared with a deficit of £4.2 billion in February. Exports rose by £1.2 billion and imports rose by £0.2 billion.

The deficit on trade in goods with non-EU countries was £4.5 billion in March, compared with a deficit of £2.8 billion in February. Exports fell by £1.3 billion but imports rose by £0.4 billion.

Excluding oil and erratic items, the volume of goods exports fell by 3.4 per cent and the volume of goods imports fell by 0.4 per cent, compared with February.

Export prices of goods rose by 1.1 per cent and import prices of goods rose by 1.8 per cent, compared with February.

Reasonable figure, not quite as strong as February but still a large improvement over last year. Over Q1 the trade deficit was the lowest since Q4 2009. A massive improvement over Q4 also, not sure of the exact effect on Q1 GDP though?

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One area they dont measure is the amount of overseas workers who send money home as well. The UK is hemorrhaging money at an alarming rate so we can only carry on printing money or go bust.

One and the same thing, just two different paths to getting there. Both lead to severe currency destruction. I've been banging this drum for a long time. The answer to personal salvation from the UK's date with doom is in the sig.

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Annualised at this rate it'll be 20.6% inflation on imported goods for the year. Oh the joys of being a net importer.

At that rate even the price of TVs , stereo gear and computers will start rising.

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Annualised at this rate it'll be 20.6% inflation on imported goods for the year. Oh the joys of being a net importer.

Depending on which measure is used UK factory input inflation is 12-18% which has got to feed through to the price of goods being sold at some point as there is not enough margin left to absorb that on the average product/firm

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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