Comments & Features
Trade deficit flat in May
By Henry Tyler
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Posted 09 July 2008 @ 11:30 am GMT
The Office for National Statistics (ONS) released figures on Wednesday showing that the UK's goods trade deficit was reduced slightly in May.
UK's biggest union wants N. Rock staff protectedThe ONS said that the goods trade gap went down from £7.527 billion in April to £7.494 billion in May. From non EU countries the gap fell from £4.027 billion to £4.143 billion.
The ONS said that many firms needed to import their raw materials and said that the trend of the trade gap was flat.
This article is copyrighted by the International Business Times.
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