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UK Trade Deficit narrowed to £2.9bn in Nov 09

UK Office for National Statistics: “The UK’s deficit on trade in goods and services was £2.9 billion in November, compared with a revised deficit of £3.1 billion in October (originally published as a deficit of £3.2 billion). The surplus on trade in services was £3.9 billion in November, unchanged compared with October. The deficit on trade in goods was £6.8 billion in November, compared with a revised deficit of £7.0 billion in October (originally published as a deficit of £7.1 billion). Exports were broadly unchanged, but imports fell by £0.2 billion. The deficit with EU countries widened to £3.8 billion in November, compared with a deficit of £3.5 billion in October. Exports rose by £0.1 billion and imports rose by £0.3 billion. The deficit with non-EU countries narrowed to £3.0 billion in November, compared with a deficit of £3.5 billion in October. Exports fell by £0.1 billion and imports fell by £0.6 billion. There was a fall in imports of consumer goods other than cars.”

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