This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.theguardian.com/business/2017/oct/10/uk-trade-deficit-weak-pound-exports-manufacturing-construction
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| UK trade deficit widens as weak pound fails to boost exports | UK trade deficit widens as weak pound fails to boost exports |
| (4 months later) | |
| Mixed news for economy with trade gap biggest in 11 months but manufacturing and construction activity increases | |
| Richard Partington | |
| Tue 10 Oct 2017 20.00 BST | |
| First published on Tue 10 Oct 2017 18.44 BST | |
| Share on Facebook | |
| Share on Twitter | |
| Share via Email | |
| View more sharing options | |
| Share on LinkedIn | |
| Share on Pinterest | |
| Share on Google+ | |
| Share on WhatsApp | |
| Share on Messenger | |
| Close | |
| The UK’s trade position with the rest of the world worsened in August, as the weak pound failed to lift sales of goods abroad. | The UK’s trade position with the rest of the world worsened in August, as the weak pound failed to lift sales of goods abroad. |
| The overall trade deficit widened to £5.6bn in August from £4.2bn in July, for the biggest gap between imports and exports in 11 months, according to the Office for National Statistics (ONS). | The overall trade deficit widened to £5.6bn in August from £4.2bn in July, for the biggest gap between imports and exports in 11 months, according to the Office for National Statistics (ONS). |
| The figures on British trade will prove worrying for government ministers looking to expand relationships outside the European Union. | The figures on British trade will prove worrying for government ministers looking to expand relationships outside the European Union. |
| However, there were also more positive signals for the economy, with an increase in manufacturing and construction activity. Factories increased production by 0.4% in August from the previous month, according to the ONS, while building firms increased output by 0.3% over the same period. | However, there were also more positive signals for the economy, with an increase in manufacturing and construction activity. Factories increased production by 0.4% in August from the previous month, according to the ONS, while building firms increased output by 0.3% over the same period. |
| ONS senior statistician Kate Davies said: “This latest set of key economic indicators presents a mixed picture with signs of improvement in UK manufacturing, offset by the continuing sluggishness of the construction sector and a widening of the underlying trade deficit in recent months.” | ONS senior statistician Kate Davies said: “This latest set of key economic indicators presents a mixed picture with signs of improvement in UK manufacturing, offset by the continuing sluggishness of the construction sector and a widening of the underlying trade deficit in recent months.” |
| International trade | |
| Economics | |
| Trade policy | |
| Manufacturing data | |
| Manufacturing sector | |
| Construction industry | |
| news | |
| Share on Facebook | |
| Share on Twitter | |
| Share via Email | |
| Share on LinkedIn | |
| Share on Pinterest | |
| Share on Google+ | |
| Share on WhatsApp | |
| Share on Messenger | |
| Reuse this content |