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    08.01.2016 10:34 U.K. trade deficit in goods narrows to £10.64 billion in November

    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 £10.64 billion in November from £11.20 billion in October. October's figure was revised down from a deficit of £11.83 billion.

     

    The decline in deficit was driven by a drop in imports. Exports of goods dropped 1.3% in November, while imports slid 2.5%.

     

    The total trade deficit, including services, narrowed to £3.17 billion in November from £3.51 billion in October. October's figure was revised down from a deficit of £4.14 billion.


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