UK DATA: Q3 Current Account Deficit Highest On Record
–Q3 Current Account Deficit Stg15.226bn Vs Stg7.386bn Q2
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The current account deficit ballooned in Q3 to the highest level on
record and the highest as a proportion of GDP since Q2 1990. This was
mainly due a to a widening in the visible trade balance and a plunge in
investment income.