UK December visible trade balance -£12.1 billion vs -£11.9 billion expected
Latest data released by ONS - 11 February 2019
- Prior -£12.0 billion; revised to -£12.4 billion
- Non-EU trade balance -£3.6 billion vs -£3.8 billion expected
- Prior -£3.9 billion; revised to -£4.2 billion
The quarterly report released at the same time has more details on exports and imports, in which both actually grew in the final quarter; not everything is too bad for the UK economy at least. That said, growth remains weaker compared to previous quarters which highlights the sort of slowdown seen in economic activity as a result of Brexit uncertainty and the global growth slowdown.