UK DATA: Feb global goods trade deficit stg8.772b vs.

UK DATA: Feb global goods trade deficit stg8.772b vs stg7.883b Jan
–UK Feb Non-EUUgoods trade deficit stg5.017b vs stg3.717b Jan
–UK Feb Total trade deficit stg3.396b vs stg2.501b Jan
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A sharp fall in exports to non-EU countries in February, in
part due to the reversal of a surge in car exports in January,
drove the UK’s global goods trade deficit wider. The global goods trade
deficit expanded to Stg8.772 billion in February from Stg7.883 billion
in January, far wider than analysts’ median forecast for a Stg7.6
billion outturn. The key factor was the Stg1.1 billion, or 8.8%, fall on
the month, in exports to non-EU countries.