- Prior -9.79bn. Revised to -9.46bn
- Non EU -2.92bn vs -3.40bn exp. Prior -3.99bn. Revised to -3.91bn
- Exports -0.1% vs -3.8% prior. Revised to -4.6%
- Imports -2.4% vs +5.8% prior. Revised to +3.9%
Exports still falling, but at a lesser rate and imports falling drive the deficit lower. The three month average paints a weaker picture too with exports -0.1% from a revised +0.1% (+0.4% prior) and imports falling -3.5% from a revised -2.3% (-1.7% prior). Helps with the deficit but once again shows that the recovery is still veryy much domestically based and something we need to see improve.
GBP/USD enjoying the UK sunshine and not interested in the numbers. Doing nowt at 1.6745
UK trade balance 09 04 2014
