FXstreet.com (Barcelona) - United Kingdom's deficit in goods and services trade has widened slightly in November to a total amount of 4.4 billion pound from a 4.3 billion pound in October, according to data by National Statistics.
In the quarter to November, the deficit has widened to 13.4 billion from the 12.1 billion in the previous three months.
Trade in goods ha thrown a 7.4 billion deficit, same as in October, from which t2.9billion deficit belongs to trade with EU countries, unchanged from October, whereas the deficit with non EU countries totals 4.4 billion. Total exports have increased 2.5% to 19.6 billion pound while total imports rose 2.0% to 27.0 billion.
The deficit on goods trade has been partially offset by a 3.0 billion surplus in services trade, slightly down from the 3.1 billion surplus posted in October.
Export prices, according to the latest estimate have increased by 2.0%, while import prices increased by 1.5% in November.