Trade Balance Deficit in UK grows in March

By IBTimes Staff Reporter | May 13 2010 4:42 AM

The British Visible Trade Balance deficit expanded in March to 7522 million from the revised previous 6305 from 6179 million pounds, though forecasts pointed to a milder expansion to 6407 million pounds. The Non EU Trade Balance also witnessed a widening deficit gap that reached 4103 million pounds, growing from the revised previous 3406 from 3329 million pounds and overtaking the expected -3450 million reading.

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Total Trade Balance saw the deficit climb to 3683 million pounds from revised prior 2187 from 2061 million pounds, above the expected deficit of 2500 million pounds.

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