• -GBP 8.95bln rev up from -9.099bln
  • non EU balance GBP -4.048bln vs -3.7bln exp vs -3.7 bln prev rev down from -3.587bln
  • trade balance GBP – 2.838bln vs -2.3bln exp vs -1.768bln rev up from -1.917bln

GBP unfazed by the weaker than expected headline albeit tempered by an upward revision or two. Still makes ugly reading though

GBPUSD a tad lower 1.5820 EURGBP still 0.7834.

Here’s the breakdown

UK visible trade balance Sept

UK visible trade balance Sept

UK visible trade balance mm

UK visible trade balance mm