The British trade deficit stabilized in April

The British foreign trade deficit has stabilized at 7,300 million pounds (U.S. $ 10,600 million, 8,800 million euros) in April compared with March, according to data released Wednesday by the Office for National Statistics (ONS).

This result is greater than the 7,000 million pounds expected by analysts, according to a collection of Crédit Agricole CIB.The March deficit, originally estimated at 7,500 million pounds, was revised downward to 7,300 million, the ONS added.
In April, exports fell 0.6% in value up to £ 21,300 million and imports by 0.4% to 28.6 thousand million.
The ONS found that both could suffer "a small negative impact" on the disruption caused during a week in mid-April by the ash cloud from a volcano in Iceland.

The deficit with countries outside Europe remained stable at 4,000 million pounds, while the deficit with the European Union advanced slightly from 3,200 to 3,300 million pounds

British trade deficit is reduced to 6,200 million pounds in August

The UK trade deficit narrowed slightly in August to 6,200 million pounds (9.900 billion, 6.700 billion), against 6,400 million in July, today announced the Office for National Statistics (ONS), UK.
Economists had expected a deficit of 6,350 million pounds, according to a compilation of estimates published by the bank Calyon.
The deficit with other countries in the European Union (EU) rose sharply to 3,200 million pounds, against 2,500 million in July, but reducing the deficit with other trading partners was more important: 3.000 billion pounds in August compared to 3,900 last month.
International trade in services, traditionally a surplus in the UK, showed a surplus of 3,900 million pounds, against 3,800 million in July.
Including these exchanges, the total trade deficit decreased to 2,300 million pounds, against 2,600 million in July.
According to some economists, this improvement in the deficit confirms the expectation that the British economy grows again in the third quarter just ended and whose data will be published.
Howard Archer at IHS Global Insight, said that "exporters are given an unlimited competitiveness of the pound (which depreciated against other major currencies since the start of the crisis) and the deceleration of the contraction in activity or the return of growth in several key markets. "
Conversely, the depreciation of the pound, which increased the relative price of imported goods weighed on imports, he said.