The U.K. Office for National Statistics (ONS) released trade data for the U.K. on Friday. The U.K. trade deficit in goods narrowed to £11.15 billion in August from £12.20 billion in July. July's figure was revised up from a deficit of £11.08 billion.
Exports of goods climbed 3.5% in August, while imports declined 0.7%.
The total trade deficit, including services, narrowed to £3.27 billion in August from £4.4 billion in July. July's figure was revised up from a deficit of £3.37 billion.