(CercleFinance.com) – Britain’s goods trade deficit stood at £22.1 billion in June, a widening of £2.1 billion from the previous month, according to data released by the National Statistics Office .
This month-on-month worsening reflects an 8% decline in UK exports to 31.2 billion pounds, much larger than the 1.1% drop in imports to 53.2 billion. billion, observed in parallel.
The goods deficit (excluding precious metals), widened by 1.5 billion pounds to reach 62.6 billion in the second quarter of 2022 (compared to the first), as imports of goods increased by 8.3% and exports, by 12.4%.
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